Hello Old Friend #BTC 5900 going to start nibbling
As the 2 Big excuses for the 6 month downtrend are coming to a end..
Tether has the $ and the MTGOX whale is done selling...
Court approves Mt. Gox civil rehab. Trustee won’t sell more BTC
This could be a capitulation day or we might head lower but..
I am confident that accumulating down here will pay off in the long run. If it dips lower I will start getting more aggressive with the accumulation. We are still at the very early innings. Take a long term view, buying here much better then buying at 20k =],which in time we will see again. I believe a new #ATH is still very possible this year. Important to remember the moves in Bitcoin happen fast both on the downside as well as the upside. There is tons of money on sidelines waiting to be deployed, once it all starts coming in we will also go back up quickly..
I expect institutions to enter by eoy... The fundamentals, Dev, deployment of #LightningNetwork (#LN) #LAPPS opens the door for hundreds of thousand to millions of transactions per second and many new use cases. Fundamentals are much stronger now then when #Bitcoin was 20k (food for thought)
The current market cap of all cryptos today is tiny at 250 Billion - I expect institutions to deploy trillions in the coming months to years.. So Hello Old Friend so nice to see you again-- #Bitcoin #BTC
My thoughts not a opinion to buy or sell anything....
Court approves Mt. Gox civil rehab. Trustee won’t sell more BTC
cointelegraph.com/ne...ds-bitcoin-sell-offs
As the 2 Big excuses for the 6 month downtrend are coming to a end..
Tether has the $ and the MTGOX whale is done selling...
Court approves Mt. Gox civil rehab. Trustee won’t sell more BTC
This could be a capitulation day or we might head lower but..
I am confident that accumulating down here will pay off in the long run. If it dips lower I will start getting more aggressive with the accumulation. We are still at the very early innings. Take a long term view, buying here much better then buying at 20k =],which in time we will see again. I believe a new #ATH is still very possible this year. Important to remember the moves in Bitcoin happen fast both on the downside as well as the upside. There is tons of money on sidelines waiting to be deployed, once it all starts coming in we will also go back up quickly..
I expect institutions to enter by eoy... The fundamentals, Dev, deployment of #LightningNetwork (#LN) #LAPPS opens the door for hundreds of thousand to millions of transactions per second and many new use cases. Fundamentals are much stronger now then when #Bitcoin was 20k (food for thought)
The current market cap of all cryptos today is tiny at 250 Billion - I expect institutions to deploy trillions in the coming months to years.. So Hello Old Friend so nice to see you again-- #Bitcoin #BTC
My thoughts not a opinion to buy or sell anything....
Court approves Mt. Gox civil rehab. Trustee won’t sell more BTC
cointelegraph.com/ne...ds-bitcoin-sell-offs