BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
CRITICAL AREA FOR BTC .
OVERALL I AM STILL BULLISH ON BITCOIN AS I BELIEVE THE CRYPTO MARKET HAS BEEN SELLING OFF TO RUN THE "HYPER'S" AWAY THAT HAVE NO REAL INSIGHT IN THE CRYPTO WORLD AND ONLY BUYING CAUSE OF HYPE AND PRICE INCREASE AND IS MAKING IT MORE ATTRACTIVE FOR REAL INVESTORS INCLUDING INSTITUTIONAL INVESTORS .
IF A BREAK UNDER , I CAN SEE BTC HITTING $5500 OR $4800 AS THESE ARE ALSO CRITICAL ZONES .
ANY BREAK LOWER WILL LOOK VERY BAD ON THE CRYPTO MARKET BUT OVERALL I BELIEVE IT SHOULD HOLD POSITION ABOVE $5500 .
THERE IS SO MUCH GOING ON IN THE CRYPTO WORLD WHERE CRYPTO IS BEING ADOPTED EVERY SINGLE DAY MORE AND MORE AND AS FAR AS REGULATIONS GO , ITS A GOOD THING . WITH REGULATIONS THE CRYPTO MARKET WILL BE SEEN AS MORE TRUSTED AND RECOGNIZABLE AS AN ASSET AND MORE INSTITUTIONS WILL FEEL MORE COMFORTABLE INVESTING .
OVERALL I AM STILL BULLISH AND THIS AREA IS A CRITICAL ZONE WHERE IT CAN ALSO MOONSHOT WITH A NICE ENGULFING CANDLE INDICATING THAT THE BULLS HAVE STEPPED INTO THE MARKET AND BTC ALONG WITH OTHER CRYPTO'S WILL START MAKING THERE TURN AROUND .
MY OPINION IS THE CRYPTO MARKET IS ALMOST LIKE THE INTERNET BOOM ALL OVER AGAIN AND WE ARE IN A VERY "NEW-BORN ASSET CLASS" .
CONCURRENCY WILL CHANGE OUR FUTURE IN MANY DIFFERENT WAYS AND ITS MAKES SENSE TO SEE PRICES DROPPING WHILE THE WORLD IS CURRENTLY ADOPTING AND TESTING CRYPTO . AS FAR AS I KNOW , LESS THAN 3% OF THE WORLD IS INTO CRYPTO AND THAT NUMBER MIGHT BE LESS , WHAT DO YOU THINK WILL HAPPEN WHEN CRYPTO WILL BE MUCH MORE ACCESSIBLE AND EASY TO USE IN OUR EVERYDAY LIVES ? WHAT DO YOU THINK WILL HAPPEN WHEN 10-20% OF THE WORLD IS INTO CRYPTO USING IT IN MANY DIFFERENT WAYS ? 1TRILLION DOLLAR MARKET CAP LOOKS VERY ACHIEVABLE IF YOU HAVE THE RIGHT VISION TO SEE IT POSSIBLE . FOR ME , I SEE A 5TRILLION DOLLAR MARKET CAP BEFORE 2022 AND IF WE SEE THOSE NUMBERS WHAT DO YOU THINK THE FUTURE HAS IN STORE FOR US ? WE ARE LIVING IN A DIGITAL WORLD AND THE WORLD IS GETTING MORE DIGITAL AND TECHNOLOGICAL BY THE DAY AND I BELIEVE BLOCKCHAIN TECHNOLOGY WILL PLAY A VERY BIG PART IN THIS AND OUR FUTURE AND HOW WE LIVE.

ANY THOUGHTS AND OPINIONS ON THIS FROM THE CRYPTO COMMUNITY WOULD BE GREAT . LEAVE A COMMENT BELOW

Comments

$4200 target 1st week of August, then can have a bull run from there
Reply
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