uh oh bitcoin
I wish i bought a bunch of crypto oct 20. I read a prediction recently .01 bitcoin in 10 years could be a million. "While purchasing 0.01 Bitcoin (BTC) might cost only $500 today, current trends in global wealth distribution and the inevitable realization of Bitcoin's limited supply could result in 0.01 BTC being worth $1 million in the future." so if you are patient that's a good deal, where's the entry for the impatient? A pull back to the bottom of the channel would be healthy.
Bitcoin looks a little fatigued, everyone is hoping for 100,000 yesterday. Consolidation into April could avoid a huge pump and dump. Couple things... how much stimmy has been plunged into the bitcoin? Still cant use it buy groceries at safeway, have used it to buy pot seeds. (the new crypto credit cards look cool. Hearing about BTC on bbc and npr, when the masses start buying in, that was bad for 2018.... yoink.
India banning crypto, they say it was for the consumer good, to be backed by a "valid currency" but really any investment in crypto is evaporation of fiats and government currency. how much did the US lose to crypto in the last round of stimulousi? So when do governments step in to protect their presses?
I say "Uh oh" cause the elliot wave looks legit to me, but crypto deifies a lot of things. I will be buying in at the bottom of the channel, banking on investments from big boys. I believe crypto is the future, a one world currency by choice, there may have to be a few uprisings for its adoption. When people have a violent revolution for their right to use btc, you can be sure your investment was wise. Just don't buy the top.
Bitcoin looks a little fatigued, everyone is hoping for 100,000 yesterday. Consolidation into April could avoid a huge pump and dump. Couple things... how much stimmy has been plunged into the bitcoin? Still cant use it buy groceries at safeway, have used it to buy pot seeds. (the new crypto credit cards look cool. Hearing about BTC on bbc and npr, when the masses start buying in, that was bad for 2018.... yoink.
India banning crypto, they say it was for the consumer good, to be backed by a "valid currency" but really any investment in crypto is evaporation of fiats and government currency. how much did the US lose to crypto in the last round of stimulousi? So when do governments step in to protect their presses?
I say "Uh oh" cause the elliot wave looks legit to me, but crypto deifies a lot of things. I will be buying in at the bottom of the channel, banking on investments from big boys. I believe crypto is the future, a one world currency by choice, there may have to be a few uprisings for its adoption. When people have a violent revolution for their right to use btc, you can be sure your investment was wise. Just don't buy the top.
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