DISCLAIMER - keep in mind that by next bull run I mean next 2-5 year bull run, not a short term 1 month bull run.
Enjoy this trade advice my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
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If you guys could take 5 seconds to leave a LIKE on chart above it would be massively appreciated!
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Fact that Fidelity is entering crypto with over 7 trillion under management is in itself HUGE news. Does not mean that it will be quick adoption or transition but I think it will be much faster than we all anticipate it will take.
Many now believe that bull run has officially started. Now we did have similar articles before but they were mostly in reference to bottom price of Bitcoin reaching it's lows. Now we have articles and CNBC referring to last nights pump as possibly start of a bull run season. Who knows for sure but it is very interesting to see such quick change in crypto sentiment
If you're enjoying my TA, don't forget to leave a nice LIKE
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If you're enjoying my TA, don't forget to leave a nice LIKE
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Even if every single fidelity investor wanted to own 1 Bitcoin, there would not be enough available Bircoina for each of those investors. Supply and demand guys!
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Something HUGE is on the horizon
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I see it uptrend coinciding with market crash and I investors loose confidence on original stocks
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Bakkt exchange is launching in November. As CEO said, get ready for revolution to begin!
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NEW TA ON STELLAR BELOW
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SMASH that LIKE button for support
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SMASH that LIKE button for support - NEW UPDATES EN ROUTE
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Just fyi guys, someone is impersonating me on Twitter right now, so please double check username before you engage in any communication. He is said to be sending out virus files and soliciting money, so please be careful and know who you're chatting with before hand.
All this bullshit again just to get your fabled top poster status. Not to mention videos of a Yacht you don’t even own on a website, lol.
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Yeah man, trade active, we get the fuggin point.
God you are a joke
HD1184K
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This guy is honestly almost all wrong.
He stopped being right after we entered a bear market.
Come and follow him in a bull market, where any person can pick any coin and all of them will moon. Not now.
UnknownUnicorn3100550
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@Xzhi Agreed.
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Market Cap for Dummies
So Bitcoin is going up to 1.000.000 USD. Means the total market cap will be 21.000 Bn USD.
Now some folks here telling:
---> that doesn't matters (!).
So - could the be right?
Lets check it. The current total market cap of Bitcoin is around 100 BN USD. At times the 24h Tradingvolume is at 4-5 BN USD per 24 hours, at some days more, some days less. Lets focus on two days:
Avarage Tradingvolume 3-4 BN USD (or 3% of total market cap)
Higher Tradingvolume on Days with special Events or news - up to 7,8 or 10 BN USD. (or 6-9% of total market cap)
Now compare it:
If BTC is approaching 1.000.000 USD or 21.000 BN Total Market CAP than how is the 24h Tradingvolume?
3% means? ---> 600 BN USD. This is the total annual GDP of Switzerland.
8% means? ----> 2.000 BN USD. This ist total annual GDP of Germany.
Just to trade Bitcoin in a single day. And same time there are hundreds of Markets absorbing cash to trade multi billion USD.
The "analysis" of 1.000.000 USD is based on drawing some lines in the charts.
Sometimes it better to think first - to do some reasearch and to ask: Could this really happens one day?
It will never, never, never ever happens that BTC will go up to 1.000.000 USD. Bitcoin needs to survive the next weeks without collapsing.
The net inflows in Bitcoin dropped last Sunday to just 60 Mio. USD, single counted in one day. This Tradingidea is telling us, that the USD 24h Tradingvolume will rise to 2.000 Mrd. USD - just in 24 hours.
Do you believe this? Than reply just yes or no. It will be written in the www for ever.
UnknownUnicorn3100550
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Is this joke?
CryptoManiac101
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@LuboslavSemko, If you laughed it is, if not it isn't
jhchecri
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Nice one, I predit 10 million by next Tuesday, trust me, I'm trade active.
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Yeah man, trade active, we get the fuggin point.
God you are a joke