The Crypto Market is Approaching Escape Velocity
Total Crypto Market Cap - 
TOTAL
✅Tags 10 month moving average.
✅14 months into a 29 month bull run timeframe.
🎯You can see where we are now v's last two cycles
(Oct 2016 & Aug 2020).
The road to riches is paved with patience
Donald Trump's Recent Key Statements at Bitcoin Conference in Nashville
1. Vowed to hodl the 210,000 BTC held by U.S. Government and use it as a strategic reserve to back the U.S. dollar.
2. Promised bitcoin miners that by the end of his presidency, they would enjoy access to the cheapest energy in the world (presumably to encourage miners to the U.S. and to make the U.S. key to the Bitcoin infrastructure and a main holder of the asset in the world).
3. Trump promised to protect the right to self custody and to establish an bitcoin presidential advisory council.
4. He promised there would be no U.S. Central Bank Digital Currency (CBDC) on his watch.
5. He vowed to free the silk road creator Ross Ulbricht who is currently serving a double life sentence in a Federal Prison for his involvement as founder of the silk road platform (which sold illegal items via
BTC transactions and was shut down in Nov 2014). Ross was aged 30 at the time, and is now 40 and served 10 years jail time for setting up an illegal internet enterprise system.
6. Trump pledged to fire Gary Genlser on day 1 of his term.... Gary is the Chairman of the Securities Exchange Commission (SEC) and has been a major obstacle to crypto acceptance and arguably illegal obstructive towards the approval ETF's, to the point an U.S. federal judge stated the following:
" the SEC's reasons for denying an application by Grayscale Investments to list a bitcoin spot ETF were "arbitrary and capricious" and in violation of federal administrative law."
Final Note
Obviously, all of the above is incredibly bullish, however it also hinges on Donald Trump being elected. Whilst this appears to be a certainty, recent events could have altered history. Just something to keep in mind.
At present, the chart looks incredibly bullish and like we are entering the most bullish period in crypto based on last cycles. Hang onto your handle bars, things look like they are about to really kick off.
PUKA
TOTAL✅Tags 10 month moving average.
✅14 months into a 29 month bull run timeframe.
🎯You can see where we are now v's last two cycles
(Oct 2016 & Aug 2020).
The road to riches is paved with patience
Donald Trump's Recent Key Statements at Bitcoin Conference in Nashville
1. Vowed to hodl the 210,000 BTC held by U.S. Government and use it as a strategic reserve to back the U.S. dollar.
2. Promised bitcoin miners that by the end of his presidency, they would enjoy access to the cheapest energy in the world (presumably to encourage miners to the U.S. and to make the U.S. key to the Bitcoin infrastructure and a main holder of the asset in the world).
3. Trump promised to protect the right to self custody and to establish an bitcoin presidential advisory council.
4. He promised there would be no U.S. Central Bank Digital Currency (CBDC) on his watch.
5. He vowed to free the silk road creator Ross Ulbricht who is currently serving a double life sentence in a Federal Prison for his involvement as founder of the silk road platform (which sold illegal items via
BTC transactions and was shut down in Nov 2014). Ross was aged 30 at the time, and is now 40 and served 10 years jail time for setting up an illegal internet enterprise system.6. Trump pledged to fire Gary Genlser on day 1 of his term.... Gary is the Chairman of the Securities Exchange Commission (SEC) and has been a major obstacle to crypto acceptance and arguably illegal obstructive towards the approval ETF's, to the point an U.S. federal judge stated the following:
" the SEC's reasons for denying an application by Grayscale Investments to list a bitcoin spot ETF were "arbitrary and capricious" and in violation of federal administrative law."
Final Note
Obviously, all of the above is incredibly bullish, however it also hinges on Donald Trump being elected. Whilst this appears to be a certainty, recent events could have altered history. Just something to keep in mind.
At present, the chart looks incredibly bullish and like we are entering the most bullish period in crypto based on last cycles. Hang onto your handle bars, things look like they are about to really kick off.
PUKA
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