BITCOIN - WHY THE FOMO WILL BE REAL!

Hey Everyone!

Everything is ok again in the trading world both MPC and D4 are back and have charts! So does that mean as many of you have commented... BTC is about to do something???

USD is taking a dive and GOLD is on the rise... so other than GOLD = GOLD is old money. So if you were young, and wanted to be part on the "IN" crowd where would you put your money... BITCOIN! BITCOIN = NEW MONEY... and it offers so many possibilities for a new financial/monetary system. Approximately every 40 years there is a major shift and in my opinion that is NOW!

Money creation in a debt-based monetary system. ... Since a central bank has the monopoly to "create money out of thin air" it can simply "create" money equivalent to the value of the bond. The government bond is then seen as collateral for the newly created money and the government receives the money from the central bank ... So why are we so alarmed when this happens with Tether? Is it not a similar system that has similar bonds right now, and in order to keep crypto trading it needs to be bolstered in some way.
FIAT MONEY IS BASED ON NOTHING MORE THAN A PROMISE... it is no longer backed by the GOLD standard.

We think Crypto is better, but right now it is fighting to survive and have its place in this world. But institutional money is sitting and waiting for that right moment... and what if there is no right moment, I'm here to tell you all you EVER have is now!

I saw recently a trader posted October to May is when there is the most money in the market... And today for me is 1st November

So if you are not a trader and you are looking to invest, in 2 years... 5 years or even 10 years when CRYPTOCURRENCY is the dominant financial system... will the price you pay today matter if BTC is on the rise... LONG TERM?

If you are a trader, you might want to look at smaller time frames. In My opinion if the long term support BTC is currently resting on doesn't hold we will see a drop to around the $5700ish range. Heading towards Christmas (as we usually do) I see more money coming in and looking at the chart right now it is possible in the current pattern to reach the 10K mark. A drop below $5700 will void this pattern.

REMEMBER IF YOU ARE PRACTICING SAFE... TRADING ALWAYS USE PROTECTION
(minimise your risk, use a stop loss. Especially in Margin Trades) ALWAYS!!!!!!!!!!!!!!!!!!!

<3 Lisa

DISCLAIMER:

The Legal stuff - I'm not financial adviser. Just a few quick thoughts - remember you sit at your computer, you push the buttons...

PS make sure you give me a like, that way you get updates as I post them.... :) <3

PS I also saw a post about not needing to apologise... NEVER underestimate the power of an apology, it just means you value that person and that relationship more than your EGO, and often ego gets in the way of EVERYTHING we want in life!

Komen:

Hey Everyone, there is a strong possibility that BTC will come down and touch long term support again (Pink) and bounce up. This will more than likely create another higher low.

Komen:

Happy Sunday! <3
BTC is doing EXACTLY what it should right now... it is taking a break so many of the ALT Coins can bounce, that's pretty much how it works in the Crypto market as there is only so much money to go around.

Again if we break the PINK long term trend line, the likely path will be the yellow arrow.

If the PINK long term trend line holds... Green Arrow it is :)

Komen:

Hey Everyone, how was the FOMO yesterday with all the coins/tokens bouncing... I did tell you it would be real... <3

Komen:

BTC should follow the pink line to the dashed yellow line target - all going to plan, The yellow line retrace is not 100% ruled out as yet, because if BTC struggles to hit the upper target, a retrace is imminent and we need to gather enough power to propel higher. It is the bouncing rubber ball theory of trading.

So please trade with caution and have money management in place.... ALWAYS!

Komen:

BTC Waves and RSI syncing for a rise.

Komen:

Slowly Slowly we rise :)

Komen:

5th wave soon :)