Macro Trend of Bitcoin | Three key steps to bitcoin as a store of value




#bitcoin #cryptocurrencies #crypto
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24 Comments

  1. Life Token just made a first of it's kind partnership with the British Virgin Islands to manage all of their disaster aid funds… check out their twitter @lifelabshq… this is great for crypto

  2. The recent buy of $100m in BTC earlier this month shown a light on all the buyers laying in wait chomping at the bit for the beginning of the next bull run. The game of BTC musical chairs snatch and grab is going to definitely going to cause that bull to rage again! Nice TA to support that theory.

  3. First box is 630 days, but second box is 360 days, hahaha.. that is example how you can set up picture to fit your bias. You are not tehnical trader and you shouldn't put your ideas of marker direction into public, you will hurt a lot of people. Stick to what you do, news, educational content etc… don't do trading and financial analysis

  4. @datadash I am seeing a beautiful cup with handle forming on the BTC daily with a golden cross on the 50 day crossing 200 day imminent. Btc chart looks super bullish to me. thoughts??

  5. @DataDash The bear market is NOT over as your chart suggests. Check the monthly timeframe. You have a higher low being set on the monthly, no higher high, so how can you assume the bear market is over? You're wearing crypto bull goggles while charting IMHO.

  6. One major problem I have with this theory is that in most other asset classes, the asset itself is increased in supply faster and faster as time moves on. We become better at removing metals from the ground and processing them. We find new veins of diamonds/ rubys / silver / gold to mine… With bitcoin, the asset is diminished until no more will be mined. More and more bitcoin will be lost forever from PC's dying or lost private keys. We don't have that with any other asset. That means the supply can't be manipulated, and if demand only keeps increasing over time, with the supply ever diminishing, the price will continue to keep growing indefinitely. Like forever…

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