AngeloBTC
Long

Bitcoin's Future: $30k by 2021

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Cryptocurrency as an asset class is minuscule - a drop in the bucket. A $1T+ market cap would still be undervalued for crypto to have any meaningful impact as a store of value/currency.

The end goal for Bitcoin as an investment is a binary outcome. It goes to 0 or you 10x your investment. There is no in-between.

It's really that easy.

If you don't believe me or don't get it, I don't have time to try to convince you, sorry.
Comment: Hedge here ~$13.5k.

Close ~35% lower.

Go away for vacation.

Wait for $30k.

Retire twice.
Comment: Start closing here: 9.8k -> $9.3k. I don't care if it's not the bottom.

= 27.5%+ BTC increase for every hedged BTC.

$30k by 2021 intact. Now vacation.
Comment: The bitcoin market recently wiped out a lot of people before the halving as a result of the COVID-19 panic tanking major global markets. This panic will fade with time. This major shakeout makes me even more bullish.

I stand by my analysis.

Comments

This is amazing. I agree with you, march 12 incident made me even more bullish
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Dianthus Dianthus
Also totally corelated with Stonks. World goes into the next round of burning but Btcoin will moon without massadoption...Come on guys take of those pink glasses
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Just focusing EngineeringRobo!

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legend
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Thoughts Angelo?
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As always welcome back. Hedging at 13700 is goin to protect the retire plan from CME Futures ready for closing more than 120k contracts of the worth of 5 billion dollars
+6 Reply
I'm looking at 300k as well -
+1 Reply
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