Hello Wonderful and beautiful person!
Happy new year and 2021 will be indeed an interesting year for crypto, not just price, but:
My title is not a clickbait, and just a reminder that this time around is NOT 2017 nor 2018. We now have hungry, strong, resourceful investors that are into the crypto.
These investors will pick up all or most of BTC being thrown into the market. Want proof?
Just look at:
The growing number of companies putting their cash into BTC as hedge.
The massive gain these companies are advertising by going into BTC.
Growing number of financial institutions that are into BTC, and NEED a bag of BTC as collateral
Look at the massive SELL orders from bears, and how little impact it have on price. Bears try to dump, but the bulls just suck it up like a vacuum cleaner with huge smile.
I am NOT saying we will not have a correction, because that we will, but do not compare the 2017 with this year. That might be a mistake, if you are a trader.
Personally I will keep doing what I have been doing: Which is to HODL most of my BTC, but put aside some crypto and BTC for trading in order to try to add more into my HODLE bag.
Both RSI and TDI are showing weakness on the 4Hour chart, but the daily is still very strong.
Stay safe out there and good luck with the Satoshi-hunting, I know I need some luck this Q1.
Happy new year and 2021 will be indeed an interesting year for crypto, not just price, but:
- What are the response of different nations on BTC when their own currency is under threat.
- What will the nations do: protect their own currency control and stifle their own technology and financial progress? or will they accept crypto and include "acceptable" regulations.
- What amazing new platforms will emerge with crypto finally being more "commerce" and accepted by banks.
- Will the ideology Blockchain and crypto persist? or will the financial giant swallow it whole like Cronos did with its children in fear of them overthrowing him
- How many of us will will sell and book profit, or hold until next "purge"/dump like that of 2018 January? It is only about time when the next correcton will happen.
My title is not a clickbait, and just a reminder that this time around is NOT 2017 nor 2018. We now have hungry, strong, resourceful investors that are into the crypto.
These investors will pick up all or most of BTC being thrown into the market. Want proof?
Just look at:
The growing number of companies putting their cash into BTC as hedge.
The massive gain these companies are advertising by going into BTC.
Growing number of financial institutions that are into BTC, and NEED a bag of BTC as collateral
Look at the massive SELL orders from bears, and how little impact it have on price. Bears try to dump, but the bulls just suck it up like a vacuum cleaner with huge smile.
I am NOT saying we will not have a correction, because that we will, but do not compare the 2017 with this year. That might be a mistake, if you are a trader.
Personally I will keep doing what I have been doing: Which is to HODL most of my BTC, but put aside some crypto and BTC for trading in order to try to add more into my HODLE bag.
Both RSI and TDI are showing weakness on the 4Hour chart, but the daily is still very strong.
Stay safe out there and good luck with the Satoshi-hunting, I know I need some luck this Q1.