TradingView
High_Altitude_Investing
Oct 28, 2021 6:00 PM

Bitcoin and Oil - Your gas prices are not going to get Lower. Long

INDEX:BTCUSD15D
Bitcoin all time history indexINDEX

Description

⋅
Today a small lesson in the harsh reality of this world.

Gas prices are on the rise as you know, same with oil, coffee, lumber, and many other things.

This may seem like "Not a big deal" however, oil prices could go parabolic over the next 8 years.

When Bitcoin broke out of its falling wedge it shot all the way up to $20,000 (starting at around $250)

Oil should see a similar move as bitcoin.

OIl moves slower than Bitcoin (much slower) but this move will still catch the world by surprise!

You must counter hyper inflation with proper investing.

If you don't play their game you get left behind in the dust.

Stay profitable.

- Dalin
Technical IndicatorsChart PatternsHarmonic PatternsOilBitcoin (Cryptocurrency)LONGmoonGASprices
Comments
Mclobster
⋅
My gas prices will get lower if I price them in btc
High_Altitude_Investing
⋅
@Johnsdad, Exactly the vibes I wanna see.
DenisForget
⋅
Maybe you are right. But, I'll tell you one thing true. Natural resources like petroleum can be discovered for a long time to come. After the last Bitcoin halving, there will only be 21 million of this crypto in circulation in the market. If we remove the six million that have been lost over the past few years, this figure drops to 15 million BTC. The demand will be so strong that we do not even dare to imagine the value that the BTC will take in a horizon of more or less five years. "Holdlers" will be the winners at this new economy.
inside20
⋅
@DenisForget, It may not be down to supply though. Have to think about future taxes and incentives not to use it that may mean a much higher price.
MrLongTerm
⋅
How do you invest in oil?
More