How do you solve the unaffordability of houses for the young ones, when the older ones are using them as a Store of Value to defend themselves against an inflating currency?
You change the Store of Value for the older ones -> #Bitcoin
In the end, you could see countries guiding people to rather store value in #BTC than real estate
It's a far better solution than putting a price cap on it
Then real estate will once again become way more affordable
I can see this shift gradually happening over the course of the next 10-20 years
The value is then being secured by the most powerful, physical (PoW), most robust defense system in the world.
𧡠I had to make this #Bitcoin schematic & small thread to explain why the 30K "floor" = 6K "floor" in terms of psychology
Why we already did undergo the Depressing Capitulation & are possibly Bottom Ranging
You may like it, you may dislike it but... it is what it is ππ―
1/7
The major critical part is that after the bull run we experienced the first major drop, which was bigger than -50% to test the first demand zone (OB+), which was followed by a Complacency +100% rally
That 1st drop & OB+ created a floor that in both cases lasted +280 days
2/
It makes sense to see the narrative this way cause psychologically wise in both cycles majority of people got in at the late stage of 2017 & early 2021.
They experienced the first drop and then had to endure a long time "underwater" thinking-hoping it will recover
Let's be honest tho. House of the Dragon most likely surprised most of us.
After the failure of GoT ending, I thought, I'd never return to this world, especially from HBO but they have redeemed themselves and after a long time actually enjoying a TV show again
Rings of Power I'm sort of enjoying if I forget the lore & skip the boredom scenes & stop thinking here & there & just enjoy the world of Arda
Episode 7 was a decent improvement at last but let's be honest... it had the potential to outdo everything but its just ok fantasy show
Whenever you see price trading within the Weekly Capitulation candle & seeing another 5+ weekly candles inside of it, you need to think - ACCUMULATION
Very powerful hidden pattern, not many know about π―
1/5
2/ Few things that raise the probabilities when trading with the INSIDE bar Weekly Candle.
1) Price not touching the upper boundary before 5 weekly candles appear inside of it
2) Small body candles are a sign of tight range and price accumulation
3/ Although we prefer price trading within the body of the capitulation it is not necessary as long as the price is not closing below the capitulation candle low
People telling me I cannot use H8 vs D1 are trying to teach the eagle how to fly, when in reality, they are the mice about to get caught by the eagle π¦