BTC/USD | We could possibly see new highs before this year ends!
Updated
We've seen former US President Trump used Bitcoin to pay for the food and drinks of patrons who attended the crypto-themed bar in New York. I guess this unique situation speaks for itself.
If he will get re-elected, be ready for another breath taking crypto rally.
But honestly here's my opinion, inflation is the greatest enemy of fiat currency because of the unlimited supply thus fiat currency loses its value as time passed and since BTC is limited, I think Bitcoin will be the safest storage of wealth in the future. Unlike Gold, you can bring your Bitcoin in any part of the world.
If he will get re-elected, be ready for another breath taking crypto rally.
But honestly here's my opinion, inflation is the greatest enemy of fiat currency because of the unlimited supply thus fiat currency loses its value as time passed and since BTC is limited, I think Bitcoin will be the safest storage of wealth in the future. Unlike Gold, you can bring your Bitcoin in any part of the world.
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As of this writing, Bitcoin is now trading at 69k level. As upside momentum gets stronger and stronger, we could see 75k at no time. Stay strong bitcoin bulls:
PS: For the past week,
COIN call contracts has been profitable in sentiment with recent Bitcoin rally. For option traders, this is another way of making some profit.
Proper risk management and strict discipline should be observe when trading option contract. Know when to get out before getting in. Don't be greedy!
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Bitcoin is now trading at 71k level as its trying to make an advance to record a new high this year. Bulls will try to push this higher as US election comes closer and closer.
MSTR COIN call contracts are getting expensive with this latest Bitcoin rally. And to those who have been trading call contracts, scale out as we go higher.
Always manage your risk.
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