FederalXBT

Friendly Reminder You Don't Own Enough Bitcoin.

Long
FederalXBT Updated   


The Dawn of the Final ETF Approval Week - Everything will change.


Bitcoin will obliterate Apple returns

Bitcoin will obliterate SPY returns

Bitcoin will obliterate Gold returns

Bitcoin will obliterate Silver Returns

Anything plugged into Bitcoin related or touching bitcoin will be rocket launched into an entire new global standard.

I have come to the conclusion that smart money will enter this first being convinced of a new turning of the way we will live life in the next century meaning they will move first.

At the $200,000 mark many will sell calling the top
(you will know they're wrong due to zero on chain data proving this top)

I suspect after $300,000 appears in a short period the first batch of doubters will start to enter the market.

After $600,000 is breached there will be motions moving and outrage to shut Bitcoin down calling it the next "2009" the next Mortgage backed securities"
(This will cause major short interest and major Puts following the consensus that this is a bubble and not a supply shock)


Reaching the $1,500,000 people short and call writers will be entering margin call territory.


Remember the hard critics of Bitcoin who will give in around the $1,500,000 - $2,500,000 mark over the next years, this will mark the start of the extended bear market.


So the question is do you own enough Bitcoin?


Comment:
Spot ETFs Approved.

Running Spot ETF - HAL
Scooter – Which light switch is which?
youtu.be/nAeFeytXSbM
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.