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Dorsey

#BTCUPDATE - 22.7.21 B-Word Was Bullish Looks like some much needed bullish news came and really delivered and at a critical point too. The B-Word went well, as in it didn't sink the market further. Short of Jack Dorsey confirming accepting Crypto payments on Twitter. We hit the $32.2k resistance and as predicted in the channel we saw a rejection there - ideally we want to get back above $32k to continue on to the next leg up. Long term it looks like a descending wedge and hopefully with a little further push we can see a big break out come. My play with BTC is I am quite bullish and will wait to get above $32.2k and then long to $36k region.
by Kryptochristian
#BTCUPDATE - 21.7.21 - THE B-WORD.... This is a refreshingly bullish scenario for BTC - braking back above $30k after a sustained day under it and then straight back above $31k shows Bulls are here to play. $31k is key to hold at the bare minimum here - getting above $32.2k is a very positive sign. It is going to be a rocky road but getting back above $30k was so critical. So much hangs on this B-Word as Elon could literally come out with anything so lets hope its bullish. My play for BTC is to wait until after Midday EDT and if we hold above $31k then long to $32.2k If we sink below $31k then it is back to looking at a short to $30k and then on to $28.2k. It is positive news today but be careful still we are still long way from a long term bullish sentiment.
by Kryptochristian
1
Bitcoin regression to hit $1-5 million within 12 years Was Jack Dorsey correct in predicting "bitcoin would likely become the single global currency within 10 years, “but it could go faster.” back in 2018? Trolololo's famous 2014 regression predicted a price of $100,000 for bitcoin by July 2021 after correctly predicting a price in excess of $10,000 in 2017. The $100k target remains to be achieved, but seems likely based on current trends and momentum. Bitcoin logarithmic power law predicts a Bitcoin price by 2032 of at least $1 million and as high as $7 million by 2032, which would put bitcoin in a similar ballpark in terms of total market as of Gold. Based on "final" destinations and measuring the power law channel based on previous tops, a high of between $95k-150k is possible to estimate for the current halving cycle, assuming the cycle high is complete before the end of 2021, with a cycle low excpected between $20k and $50k before 2024.
BNC:BLXLong
by Johnnysharp