mauroferrante

Bitcoin Long Term Bullish Scenario

Long
BNC:BLX   BraveNewCoin Liquid Index for Bitcoin
Bitcoin long term bullish forecast based on a combination of 4-year cycle and lengthening cycles theory.

REMEMBER TO TAKE PROFITS ALONG THE WAY

peace.
Comment: FOLLOWING THE PATH...



What's been happening:

- corporations buying BTC as inflation hedge (eg. Microstrategy $425M, Square $50M)

- More institutional investors buying BTC (eg. Grayscale Investments has increased its assets under management by $1 billion in the space of a week).

- more payment providers allowing their customers to buy and sell cryptos. After CashApp, now PayPal with its 300M active accounts.

- The Great Wealth Transfer. Baby Boomers currently control 57% of the total wealth in the US, $50 trillion of which will pass to Millennials and Gen Xers in the next two years. Cryptos are more popular among Millennials who are more likely to invest in new digital assets.

- The mix of rising inflation, more money printing and growing populism should also heighten global interest in an alternative asset that is immune to inflation, monetary depreciation and political manipulation.

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out