Major Bitcoin Upgrade, Taproot, Locked-in... Bullish Confirmed!

A major Bitcoin network upgrade by the name of Taproot has been locked-in, this is a bullish development for the market.

This network upgrade will improve Bitcoin's privacy and improve on its smart contracts capabilities...
No, it is not because of Elon Musk.

See my previous articles

Bitcoin Bounce With $46,000 Potential Target? See Inside | June 9

Mainstream Media Negative Press Is A Bullish Bitcoin Signal | June 11

Thanks for reading.

Namaste.

Comment:

The new upgrade has been "locked-in", it doesn't go into effect until November 2021.

The last major upgrade for Bitcoin is was called Segregated Witness and happened 4 years ago (in August 2017), before the major bull run.

We are likely to see Bitcoin going to new highs by the end of 2021 or in 2022 after the Taproot upgrade goes into effect.

We have a bright future ahead for the cryptocurrency markets.

Thanks a lot for your continued support.

Comment:

$85,000 to $100,000+ for Bitcoin Q4 2021/Q1 2022!
Do you agree?

Comment:

Bitcoin just moved above EMA21 and EMA10 on the daily timeframe.

On the 4h timeframe, chart below, we can see Bitcoin moving above EMA200 and MA200, both normally strong resistance.

Our $46,000 target is now fully in play.

Comment:

More bullish news related to Bitcoin/Cryptocurrency

"Tanzania’s president has urged the country’s central bank to prepare for wider adoption of cryptocurrency around the world.

"President Samia Suluhu Hassan said the Bank of Tanzania should "be ready for changes and not caught underprepared" during a speech Sunday, according to reports.

"I know that throughout the nation ... they have not accepted or started using these routes. However, my call to the central bank is that you should start working on that development," she said.
Her speech took place after El Salvador's adoption of bitcoin (BTC, +12.9%) as legal tender.

"Attention will be focused on other countries that spot an opportunity in crypto to boost economic development and stabilize financial instability."

Comment:

This can easily end up in a lower high followed by lower prices until a new phase starts when we aim at a new ATH.

Comment:

EVERYTHING CAN SUDDENLY BECOME POSITIVE

It is hard to believe that huge/great numbers can be achieved like the ones mentioned above...

But it was even harder to believe, that out of nowhere, we would all be in lockdown and wearing masks, something that nobody could imagine possible before it was the norm.

It is hard to believe anything that is beyond our thoughts, we can't believe it, because we have never seen it before.

Can you imagine Bitcoin before it was even born?

Remember how hard it was for the media to accept a Bitcoin price of $5,000+

Now, Bitcoin at $5,000 would be the greatest buy opportunity in the world... This is no longer possible... Or is it so?

Just as everything can become negative out of nowhere, positive can also happen without warning.

Prepare for the worst, hope for the best.

The Altcoins market went through a very hard and drastic phase.

In exchange there will be positive, we will be showered with massive gains.

Patience is very important in this phase...

Plan long-term... Think ahead.

Now it is the time to dedicate energy for yourself.

Growth, study, plan, learn...

Life goes on, that is what I always say when things are not looking great.

Get ready... Just like Bitcoin went from $3,500 to $64,000+

The Altcoins will do massive numbers, this will be our turn.

Namaste.