Cryptocurrency as an asset class is minuscule - a drop in the bucket. A $1T+ market cap would still be undervalued for crypto to have any meaningful impact as a store of value/currency.
The end goal for Bitcoin as an investment is a binary outcome. It goes to 0 or you 10x your investment. There is no in-between.
It's really that easy.
If you don't believe me or don't get it, I don't have time to try to convince you, sorry.
The end goal for Bitcoin as an investment is a binary outcome. It goes to 0 or you 10x your investment. There is no in-between.
It's really that easy.
If you don't believe me or don't get it, I don't have time to try to convince you, sorry.
Comment:
Start closing here: 9.8k -> $9.3k. I don't care if it's not the bottom.
= 27.5%+ BTC increase for every hedged BTC.
$30k by 2021 intact. Now vacation.
= 27.5%+ BTC increase for every hedged BTC.
$30k by 2021 intact. Now vacation.
Comment:
The bitcoin market recently wiped out a lot of people before the halving as a result of the COVID-19 panic tanking major global markets. This panic will fade with time. This major shakeout makes me even more bullish.
I stand by my analysis.
I stand by my analysis.
Comment:
COVID deleveraged the entire long side across all Crypto markets in March. Panic has settled. Legacy markets are on the verge of new ATHs. No more bagholders in our way. Crypto going to infinity 2021.
Comment:
Bitcoin on verge of breaking ATH. Infinity incoming.
Comment:
$30k target hit.
The charts never lie.
The charts never lie.
Close ~35% lower.
Go away for vacation.
Wait for $30k.
Retire twice.