12 June 2023: Bitcoin Drop to $11,300 Kuala Lumpur, 11 June: Meeting with top tier Malaysian hedge fund yesterday, we have currently agree for the future price of Bitcoin will be drop down to $11,300 price mark.
The decision was made from several factors and agreement between many parties and bodies.
From the mining sector on bitcoin, was too shabby for a moment and many of the miners has given up all the mining that contribute to the new money supply into the market was not suitable for the current condition.
While, SEC attacking the Binance right now and acquired the industry of decentralised to become centralised by the government body.
For most of the part of in the crypto industry, Binance crypto platform was the only defense mechanism among the huge holder old supply that hold the crypto industry at the moment.
Since, new money supply from mining bitcoin is not there for almost 24 months 2021-2023, it is a sign to revamp the crypto supply into the market.
On the other hand, SEC will make the CDBC going mainstream. When US Dollar is in digital, who else need the bitcoin and other memes token that cant be withdraw to people wallet as not much supply in the market.
Dollar in jeopardise as trillions in debt and still counting. While the Joe Biden sat on the throne that did not make any act that can boost the current crypto market.
People are right now losing confident already for almost 3 years in a row. People will eventually will make the digital US dollar in demand when it almost come to the mainstream when the chip after the chip of IC implemented on the palm worldwide.
The hype for the $1 million mark of bitcoin almost depleted. People can see now it is only the act of hype from the media to encourage young kids to get into the crypto while be other crypto millionaire be the role example in the market.
The BRICKS project that dethrone the US Dollar in the market, will almost done. Malaysia followed by all other country for not use Dollar into the system. While they printing money is still on going, someday it will collapse the finance system.
Bitcoin will once again visit the price of $11,300 on 1 Oct 2020 which is the mark for the most demand that led the Bitcoin spiked to $68,000 once in the span of 12 months.
ZEZUZAZA
2047
