In this video I talk about this latest move in Bitcoin and how these levels were meaningful in my last idea.
Remember these are all called ideas for a reason. Nothing is set in stone.
That said, waves can be used in order to better understand certain movements in any market.
Once again I apply AriasWave to the Bitcoin chart in an attempt to make sense of what is happening here.
Some thoughts:
In my opinion, Bitcoin is just another version of FIAT currency because it isn't backed by anything.
Saying that it is finite is also BS because there are many many different Cryptos popping up all over the place like weeds.
Saying that it is backed by miners and computing power is also complete BS.
How useful is Bitcoin without existing FIAT currencies?
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Remember these are all called ideas for a reason. Nothing is set in stone.
That said, waves can be used in order to better understand certain movements in any market.
Once again I apply AriasWave to the Bitcoin chart in an attempt to make sense of what is happening here.
Some thoughts:
In my opinion, Bitcoin is just another version of FIAT currency because it isn't backed by anything.
Saying that it is finite is also BS because there are many many different Cryptos popping up all over the place like weeds.
Saying that it is backed by miners and computing power is also complete BS.
How useful is Bitcoin without existing FIAT currencies?
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
