There will be a global recession and
a credit crunch will cause financial
system stress. Central banks will take rates
into extreme negative territory and
print money like there is no tomorrow.
Bitcoin will reach a new all time high,
somewhere between $40K and $50K,
before there is a coordinated crack down
from governments.
(The chart shows there have been similar movements in the bitcoin price in the past before an ATH event. I loaded my bags in the purple stage, but the green stage offered a last chance to buy up on the cheap before we sprint up toward a new all time high.)
Bitcoin's performance is finally going to be tested in the context of a global recession and financial crisis. This is what we have been preparing for. I fear not whether bitcoin's price will go up (I am sure it will), but of the social costs of this new recession and financial crisis. Western countries are in a bad way, much worse than we realise right now. The chickens coming home to roost and things might get so bad that being rich is useless. But that is a topic for another day. For now, yes bitcoin will ATH this year, almost no doubt about it.
a credit crunch will cause financial
system stress. Central banks will take rates
into extreme negative territory and
print money like there is no tomorrow.
Bitcoin will reach a new all time high,
somewhere between $40K and $50K,
before there is a coordinated crack down
from governments.
(The chart shows there have been similar movements in the bitcoin price in the past before an ATH event. I loaded my bags in the purple stage, but the green stage offered a last chance to buy up on the cheap before we sprint up toward a new all time high.)
Bitcoin's performance is finally going to be tested in the context of a global recession and financial crisis. This is what we have been preparing for. I fear not whether bitcoin's price will go up (I am sure it will), but of the social costs of this new recession and financial crisis. Western countries are in a bad way, much worse than we realise right now. The chickens coming home to roost and things might get so bad that being rich is useless. But that is a topic for another day. For now, yes bitcoin will ATH this year, almost no doubt about it.
Dagangan aktif
BTC is on track. It goes sideways in the $8K-$10K range for the next 3 weeks. Some point in the 5-6 weeks after that we will shoot up to $17500. Few dips, if any. Still think $40K by Christmas. Load up RocketNota
Let us get some big candles now, we took a break but can resume now 🚀Dagangan aktif
All systems are go, resumption successful, up, up and away nowNota
Yeah okay I was "too bullish" and didn't get the timeframe right, but price wise we are totally on track :)Dagangan ditutup: sasaran tercapai
Nice :)
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.