Leb_Crypto
Long

Another $BTC macro analysis until EOY 2021!

BNC:BLX   BraveNewCoin Liquid Index for Bitcoin
Hi all,

Welcome to this new update on Bitcoin!

I don't have much to say other than check the chart! I love simple macro analysis as it gives further confidence and perspective for our investments.

- MACD Monthly bullish crossover
- RSI Monthly broke major resistance line.
- halving event in May 2020 will yet again significantly reduce the BTC supply.
- institutions are drooling over this investment opportunity, which is not provided by ANY other asset class
- Lower supply + Increased Demand = Higher Price (economics 101)
- 3 year bull run (from beginning of this year) is in FULL swing.

Bitcoin loves that 9,000-10,000% pump every BULL cycle, as you can see. Sometimes it even continues to pump 1,000+% beyond that. I'll be conservative and just say this BULL cycle will show us a roughly 9,000% pump. Therefore, I'm having a difficult time seeing Bitcoin under $250,000 at the height of the 2021 bubble!

Enjoy!
Leb Crypto
About 90–95% of the traders /investors CONSISTENTLY lose money on Crypto Market either in a bull or bear market. This is a well-known and publicized statistic.And it’s true!



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