Bitcoin met a brief correction - next stop; $50,000?

7 Feb 2021

$32,000 seems to be the low for BTC these times. I think we'll see the price trying to break through ATH soon. 📈

• In the bullrun in 2017, we saw the public being somewhat ready for mass-adoption but people are having even better opportunities to buy BTC now. 🙌🏽
  
  
• Furthermore, huge hedgefunds and banks are not actively shorting Bitcoin like they have done before. US banks are hedging by holding huge amounts of cryptocurrency. 😅
  
  
• FED is printing a tremendous amount of dollars to back the coronavirus relief-packages, which obviously means higher inflation. This gives BTC an advantage. 🖨
  

If you have any ideas or thoughts about my chart or Bitcoin, let me know! I'd love to hear other peoples opinion on the matter 👏🏽

If you want to support my work, please consider using my referral ID when you register on Binance:

11366025

9 Feb 2021

Nota

Tesla Inc. bought 1.5 Billion USD worth of BTC.

Elon Musk keeps on talking BTC up, which leads to a lot of hype.

12 Feb 2021

Nota

1 major news is going to send the price skyrocketing, liquidating all the doomers who are shorting rn. Wait and see..

17 Feb 2021

Nota

Trade closed: target reached: The great news surrounding BTC doesn't seem to influence the price as much.

I've made a new post where I will follow Bitcoin in the future. This was just a trade, that I obviously crushed 🚀

Target hit! ✔️