Bitcoin New Psychological Price Floor of $40,0000?
Will we ever see Bitcoin in the $30,000 - $39,000 price range again? We've been forming a nice psychological base support level above $40,000 since February 8th. Ever since Elon Musk & Tesla announced their historic purchase of Bitcoin the days of even a $40,000 Bitcoin may very soon be a thing of the past. But of course that's just mere speculation there's always a possibility we go back down. Now every day that goes by we're starting to miss the days of accumulating Bitcoin at "cheaper" prices.
As of now from the 4 hour chart perspective Bitcoin below $47,000 is seeming like a nice buy. Remember this is the year of the "Great Race" for Bitcoin. We need to consider that world governments, corporations, financial institutions, business, and individuals world wide are starting to realize the fundamental need for Bitcoin as we'll continue to see the destruction of fiat dollars world wide throughout this decade.
The only solution governments know is to continue printing cheap money .The biggest global Fear Of Missing Out (FOMO) possibly in the history of man. There is a need for Bitcoin now more than ever.
Cheers and much love and peace as always! Stay wealthy and stay healthy!
As of now from the 4 hour chart perspective Bitcoin below $47,000 is seeming like a nice buy. Remember this is the year of the "Great Race" for Bitcoin. We need to consider that world governments, corporations, financial institutions, business, and individuals world wide are starting to realize the fundamental need for Bitcoin as we'll continue to see the destruction of fiat dollars world wide throughout this decade.
The only solution governments know is to continue printing cheap money .The biggest global Fear Of Missing Out (FOMO) possibly in the history of man. There is a need for Bitcoin now more than ever.
Cheers and much love and peace as always! Stay wealthy and stay healthy!