alzweidi

Bitcoin long term analysis

Long
BINANCE:BTCUSDT   Bitcoin / TetherUS
I'm thinkin if its not September pump. it will 100% in August. Tis' what i'm thinking just from a TA stand point. + i don't think the Russian and Ukraine war isn't all bad for the markets, you can see previous charts even on the stock market where the markets take a small dip then raise back up from War and Invasions. + again Russia has to use something as payment to transact out of Russia, they won't be using gold because the country needs it to stay alive, they won't be using the Russian Rubble because who wants that lmao. And their assets outside of Russia has been banned etc, and banned from swift. so yeah. what else will Putin use? Paypal? lmao. You guessed it! Crypto!

Its also a thing Ukraine can do, let's be honest here. I don't think a Ukrainian with a brain will be buying up gold because people at borders can take advantage and say ''Hey! ima need half of that or no go'' and they'd lose half. Meaning it's better for them to use crypto because it gives them 100% full control and security.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.