Fears that Turkey’s Lira crisis will drag down the currencies of emerging markets, compounded by falling global oil prices, pushed the Colombian peso to trade at $3,050 to the U.S dollar on Wednesday, and level not seen since June 2017. There is a potential for a breakout above 3500cop into the 4k-5k range.
In this chart we explore the batshit idea that we'll never have another bitcoin bear cycle ever again due to macro conditions and supply shock from no one needing to sell. Not investment advice obviously.
See chart:
Many folks have been proclaiming that alts are dead. Despite this current wave of sentiment one needs to consider the following: 1. Exchanges have incentive to list altcoins. 2. Users have incentive to buy altcoins 3. Miners have incentive to mine altcoins Why is there merit to thinking that BTC dominance will rise to 100%? Seems unlikely. In my opinion the...
Seeking some path here that isn't totally negative....
According to this chart the altcoin market cap will reach a valuation just shy of 3 Trillion dollar in the next 12-24 months.
The perfect storm is here. Bitcoin is the rescue boat in the storm. The storm lies ahead; destruction in its eyes. Don't drown in the ocean of fiat. Float. Take hold. Hodl Bitcoin! (and Monero)
see chart. TL;DW 400k ATH based on current estimates. Biden win is bullish af for btc.
Incase you doubt the light the maze route bites the blight take your gaze on up savior is on a ray of light
Very bullish from this tweet: "COMIT just got finished building out the initial protocol for atomic swaps, a trustless way to swap between #Bitcoin and #Monero, and now a Monero dev just built out a trustless, decentralized way to "pool mine" Exploding head" -@sethforprivacy See chart. MACD looks very healthy.
If this chart is correct bitcoin could be going to 100k. Roughly 100 times as much as the 2013 bubble in about 25 years. It would be in line with exponential technology.
This chart assumes that FED currency debasement continues to unfold and Bitcoin has massive inflows. $100k - 2021 local top in these months? Maybe. $1Million - ATH this cycle by early 2022 or late 2021. $5-10 Million- Expected prices After next 2024 halving.