peacefuljustin

$50,000 Bitcoin Inevitable The Floodgates Have Opened

Long
COINBASE:BTCUSD   Bitcoin / U.S. Dollar
Every single day history is being made in cryptocurrency. It is always an exciting time and reason to celebrate Bitcoin forming new all time highs as we're in a new price discovery cycle. Cheers!

Today will mark one of the most important and iconic days in Bitcoin's history. The news of Tesla accumulating 1.5 Billion dollars worth of Bitcoin signifies the beginning of a new era in cryptocurrency were we will begin to see a rapid acceleration of institutional and corporate adoption for Bitcoin . Elon Musk and Tesla have officially opened up the floodgates for an expansive amount of corporations and financial institutions to now highly consider gaining exposure into Bitcoin . If Tesla is accumulating Bitcoin you better believe there will be an avalanche of corporations and companies to follow Tesla's lead throughout the rest of this year.

Bitcoin is more bullish now than it ever has been. It is in Bitcoins destiny to inevitably test the major psychological price of $50,000 as we're inching closer every month to achieving this major milestone . We just hit the 2.618 Fibonacci retracement level of $47,000 today. Our next Fibonacci retracement level is the 3.618 at $63,900. The fundamentals for Bitcoin have never been stronger.

Bitcoin will eventually be a story of the have and the have nots in the years to come. I'm always adding to my Bitcoin position. Always stay stacking those satoshis! Much Peace and Love!
Comment: Tesla Bitcoin Investment: https://finance.yahoo.com/news/elon-musk...

Comments

Excellent point
+1 Reply
peacefuljustin Dave-FX-Hunter
@Dave-FX-Hunter, Thank you for the read =)
Reply
There it is! $50,000 Cheers Everybody!
Reply
Great reading!
Reply
peacefuljustin josesantos1978
@josesantos1978, Thanks Brotha! Appreciate the read.
Reply
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