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Vince
Feb 5, 2021 1:44 PM

BTC cup formation with a potential of $51,000  Long

Bitcoin / U.S. dollarBitstamp

Description

Bitcoin is starting to find it's footing in the markets. It has been a volatile asset class and will continue to be, albeit maybe not as volatile. The bankers don't want this to take a strong foothold and Yellen is Anti-Bitcoin. Most of the central bankers and elites are pushing this narrative to keep control and create their own digital dollar or currency the twill be centralized for control. I believe people are waking up to their plan and even top CEOs and others are buying into BTC as a store of value. Long term this is a logical play, some may say it is highly risky and I say compared to what? The US dollar? This is a fiat currency backed by rainbows and butterflies...there is constant printing on a never-ending currency that is being debased like crazy, NO! I say BTC is the most risk adverse of the asset classes and has done the best for over a decade, its time is still to come. Long term as I am not a trader of crypto!

Comment

Think I nailed it on the price and thought it would take longer but the pattern manifested in the move
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