btc price
Hello hello hello
btc has gone very nice up, i'm sure every holder is very happy atm :).
Monday the CME will launch bitcoin futures, will this affect prices? Who knows everyone has it's opinion.
I'm one thing sure bitcoin has gone very high RSI is very high and everyone is talking about bitcoin. If i'm checking some stream on twitch I see plebs talking about bitcoin.
My father told me if everyone is talking about something it's a bubble (he also did told me not to buy bitcoin 4 years ago however). I can go in that thought but I still don't think btc is a bubble, I do think at this moment it's overbought though.
What i see is that we are in elliot wave 4 and at some point there is going to be a correction, like there have always been corrections. But bcs btc goes so high so quick i think the correction will trigger too much panic + wall street + the 5% that holds the 90% of btc will realise it's time to dig the gold and spend the billions and it will become bearish. I'm sure the bitcoins will go into altcoins and at some point when nobody cares about bitcoin anymore and says it's a fraud/ scam people will reinvest money in bitcoin and cash out altcoins on which it will take off to 100k.
What i also think is possible: a new coin to replace bitcoin if bitcoin is going to be affected by the CME/banks
I can ofcourse be wrong bitcoin could go straight to the moon, let's see
btc has gone very nice up, i'm sure every holder is very happy atm :).
Monday the CME will launch bitcoin futures, will this affect prices? Who knows everyone has it's opinion.
I'm one thing sure bitcoin has gone very high RSI is very high and everyone is talking about bitcoin. If i'm checking some stream on twitch I see plebs talking about bitcoin.
My father told me if everyone is talking about something it's a bubble (he also did told me not to buy bitcoin 4 years ago however). I can go in that thought but I still don't think btc is a bubble, I do think at this moment it's overbought though.
What i see is that we are in elliot wave 4 and at some point there is going to be a correction, like there have always been corrections. But bcs btc goes so high so quick i think the correction will trigger too much panic + wall street + the 5% that holds the 90% of btc will realise it's time to dig the gold and spend the billions and it will become bearish. I'm sure the bitcoins will go into altcoins and at some point when nobody cares about bitcoin anymore and says it's a fraud/ scam people will reinvest money in bitcoin and cash out altcoins on which it will take off to 100k.
What i also think is possible: a new coin to replace bitcoin if bitcoin is going to be affected by the CME/banks
I can ofcourse be wrong bitcoin could go straight to the moon, let's see
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