Thoughts on $BTC FA + TA
A year ago #Bitcoin was trading at 10k. A few short months later it'd trade at 64k. A lot has changed since then, the 1st country adopted it, the first banks plan to offer it. Mass adoption begun
What can we expect over the next 12 months?
A year ago #Bitcoin was trading at 10k. A few short months later it'd trade at 64k. A lot has changed since then, the 1st country adopted it, the first banks plan to offer it. Mass adoption begun
What can we expect over the next 12 months?
First I think it's important to realize how scarce it really is when you talk about the adoption that likely to happen over the next year. Scarcity was programmed by design and this next year is where people mess up. Institutions are buying your coins (as discussed and proven)
In the next year:
We go from 1 to 3 countries adopting it
Twitter doesn't just integrate it but puts it on their balance sheet
Multiple ETF approvals that allow all companies access to BTC
10 Publicly traded companies add it
Adoption next year > this year
It's happening
We go from 1 to 3 countries adopting it
Twitter doesn't just integrate it but puts it on their balance sheet
Multiple ETF approvals that allow all companies access to BTC
10 Publicly traded companies add it
Adoption next year > this year
It's happening
TA Wise
This looks healthy on the HTF's and is likely forming a base over the previous HH on the way to ATH's and potentially a HL here at the Summer PoB. While I believe $BTC can briefly trade as low as 37k it is unlikely to be there long.
This looks healthy on the HTF's and is likely forming a base over the previous HH on the way to ATH's and potentially a HL here at the Summer PoB. While I believe $BTC can briefly trade as low as 37k it is unlikely to be there long.
We can see bids have been stacked on exchanges at those levels with the intent to fill, but the sheer size of them is something I've never seen before across most exchanges. The bottom is closer than you think, and the top is likely a number you can't comprehend at this time
We can expect multiple ETF approvals
Lastly, $BTC. d looks bottomed and just at the beginning of this year alt/btc pairs were at all time lows vs BTC. Alts are seasonal and thus they are cyclical
Imo BTC goes to new ath and the cycle repeats leaving them in the dust which in turn will attract new retail particpants
Imo BTC goes to new ath and the cycle repeats leaving them in the dust which in turn will attract new retail particpants
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