Mentioned earlier that as the world and US debt increases, Bitcoin will increase.
Sorry bears, you will lose this one. First country to accept bitcoin as legal tender. More to follow.
Notice.. not ETHEREUN, RIPPLE LITECOIN DOGE NEO or other children.
Big Daddy Bitcoin will lead the pack.
Our 50 day is getting very close to the 200 day.
Crosses and have to believe we go lower.
Holds and bounces up? Staying the course.
When we crossed the 200 MA, the caution flag is out but with
no death cross.
33k to 43k for a 4-6 weeks
Stop overthinking and dreaming about 20000 , 10000 or whatever.
We are living in a new finance world with the US Debt heading to 30 TRILLION this year
and the World debt on the way to 73 TRILLION and climbing 43 million dollars a min.
This is why I do not think they can drive Bitcoin much lower.
Not so long ago, we would see a 50.00 swing on POG.
Suspect we will see that again. 1676 and 1678 mini double bottom looks like good support for
mini triple top of 1973, 1965, 1959. that just may set us up for a 2075 top break.
I played the 1044 Feb 2010 to the Sept 2011 run to 1920. 10 Trillion national debt then. Now..... approaching 3 times that.
Everyone wanted to get on the bandwagon when they saw Bitcoin taking off. In the last 6 months we have seen many more want to join the rally. These are far from the Bitcoin platform and are pure speculation. Might as well put a value on a rock and trade it. DOGE, and a couple hundred others have diluted things presently.
The structure of Bitcoin and limited...