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 Bitcoin Signal | June 11
Thanks for reading.
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.
Do you agree?
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.
"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."
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.
🔺 Alan Santana Crypto Trades | https://t.me/ascryptocurrency
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What is your opinion on the above?
1. There is a death cross coming and last time it gave us a 55% downwards correction. What is your opinion?
2. A rectangle in a downtrend is a continuation pattern. What is your opinio?