6 SEPT TOP GETS LEFT IN THE DUST(looks like the 21-30 July move)

That's the news today. Looking for some profit taking this weekend.

Comment:

Bears repeating..


Many are drawing their lines and placing their curves to no avail. They are backtracking with each bearish sentiment.

BTC will have up's and down's.. we all know that. We have had volatility of 10-20k for some time. That will probably only get worse.

WHY?

80.5% of bitcoin in circulation is in diamond hands. So when you only have 19.5% of 18,780,000 bitcoin being traded...what do you expect to happen. There is 3,192,600 bitcoin left to mine between now and 2030. That will be 97% of BTC that can be mined. The remainder 3% will come to market between 2030 and 2140.

That is how Bitcoin is set up. Unlike the US$ that keeps being printed and printed. By the time BTC reaches 2030, The US National Debt will be close to 40 TRILLION DOLLARS . (28.8 TRILLION now and growing by an average of 32 BILLION a week. ) PRINT more dollars and what you could buy for less than 3 cents in 1932 costs 1.00 today. CALLED INFLATION .

IF the US $ can survive until 2030, I expect the National Debt to even exceed 40 TRILLION. Will the US$ last much past 2033 without being devalued? In 1933 the US dollar became backed by gold and went off the gold standard. The dollar was backed by gold until early 1970 when it was removed.. And the printing presses started in full motion.
19 minutes ago
Comment: It is very simple. Millennials may be smarter than us old traders think.

Comment:

17 BILLION was put into BTC the first half of the year. Last quarter of this year will shock many bears that do not understand what is happening.

Comment:

MAYBE WE SHOULD BE LOOKING AT THE 3RD OF OCTOBER AS TODAY.

Comment:

Institutions are opting for BTC over gold. That is what is happening. Limited supply. And BTC cannot be printed like paper dollars.

Comment:

www.usdebtclock.org/...orld-debt-clock.html

And we wonder why a loaf of bread and a glass of milk keeps costing more and more.

Another 40 BILLION added to the US National debt this past week and only 44 thousand added to the GDP.

Comment:

Coinbase Preparing to Launch NFT Marketplace
Stripe Assembles Crypto Team 3 Years After Dropping BTC Support
Binance Launches $1 Billion Crypto Growth Fund
NFT Deep Dive: Art blocks’ Ascent to $327M Volume
Oct 14
Comment: Latest Crypto news From the Crypto Roundup

Miami Is Moving Forward With Paying City Employees in Bitcoin
Polkadot to Debut Highly-Anticipated Parachain Auctions
U.S. Becomes Largest Bitcoin Mining Market
The First Bitcoin Transactions