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...
Litecoin has remained stable despite Bitcoin and other alternative currency corrections in the past few weeks. Another leg up is seeming to be the most probable outcome in the next few weeks. Litecoin ( LTC/BTC ) will push for 0.028 on a breakout of 0.0215.
Mood: Liquidate @22loops
Bitcoin broke $1163 ATH set in Nov 2013 last week. All other main exchanges have also broken their ATH. Weekly candles are opening at continual market highs over $1000. An 1.61 bullish extension arrives at $1750-1800. Void below $1k