NZ_Shareman

Botcoin

Long
BITSTAMP:BTCUSD   Bitcoin
On the move - Broke out London Session now breaking out New York

Psychological level 54k then on to hit Elliot wave target 54k and some change for now

USD also weak trending down DXY

imho
Trade closed: target reached:
Smashed through 54k onto
Even tapped 56k target

Sooooo many big players jumping in now with Billions behind them, compared to a government bond of 1.3% for a year and CPi of 1.4%

It doesn't take a genius to figure why Crypto's now are far more attractive Visa are working with all major banks so that people can easily turn coins into cash and buy everyday items, this is massive, but you probably already knew that.

Don't forget Bitcoin only has 21 million cions available ever, currently 18m in circulation Game Stop had around 54m look what happened to that.

No one is going to be selling off Bitcoin, if you know what i mean, it is useful it is going to at least run alongside Fiat currencies.

By buying bitcoin you are increasing your wealth exponentially, for free no effort required this is the opposite of what holding money in a bank will ever do for you : )

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