Bitcoin forum
BTCUSD heading to 75k soon?
BTCUSD In my opinion, we will see Bitcoin reach a price peak in the range of $120,000 to $122,000 before a significant retracement that could drop the price to between $38,000 and $48,000. I believe people are getting distracted by the excitement around ETFs, which primarily serve to generate more fees for the already hungry funds. If there’s profit to be made, they want to be involved regardless of the price. Blackrock make money in boom and bust periods with their ETF fees.Another concern is Michael Saylor; I think he is promoting Bitcoin too aggressively, which may lead to mistrust among investors. I foresee potential trouble for MicroStrategy's stock, predicting it could fall below $100, possibly nearing $50. This could create additional risks, especially if bondholders start calling in their loans, forcing MicroStrategy to sell their Bitcoin to meet obligations. Such moves would likely impact the price of Bitcoin negatively and hit it lower than my lower estimate of 38k.
BTCUSDI believe it is very possible that P Schiff as well as all far left politicians wants a USA coin instead of BTC as with any socialist government would want, for total control of you and your $. CBDC although most banks are already signed up for a federal banking system to control you like China. A socialist government doesn’t want you to have a monetary system for the people by the people. Also… as stated.. to control the world financial system… as we are loosing control of now with BRICKS coming into play. A USA coin would further collapse the U.S. dominance on the world financial system… as the world is trying to get away from bad policy making that has been happening since 1971 after moving away from a gold backed dollar to a fiat.. to print as much as they want and keep a thumb on the rest of the world by suppressing their economies. I expect no less with people that live for more power.
Bitcoin is a level playing field for the rest of the world governments. If there goal is to suppress a strategic bitcoin reserve, in which if the U.S. gets in first… higher returns to pay off national debt quickly.
A socialist government only cares about their power and to suppress all others for their gain along with world power, which will lead to BRICKS escalation faster. Maybe that is the Schiff’s goal… crush the US economy, crush the U.S. government for a new global government .. can this be that are they too diluted in the power gain to see the true outcome? Or is it the rush for more power leads to extreme bad decisions.. or is it extreme calculation …that has negative ramifications for the rest of world governments to turn on the U.S. further?
A bitcoin strategic reserve would help, federal, state and local governments…. As well as the rest of world governments and a level playing field. A USA coin strategic reserve only helps the party in control… for extreme control… as with a CBDC system to control the people financially. The only way a CBDC system would work is if it is written into un-revocable law for extreme protections for the people.
For the people by the people, not for your pocket, your party, your power.
BTCUSD 95660-486-333-234-95020-94789 buy sl u decide 😁
BTCUSD.P Seems we have a bearish descending broadening wedge on our hands. That would make sense...We have an Ascending Broadening Wedge(bearish), within that is this formation. Hell I even saw the rare and elusive Bearish Ascending Triangle. I am reading the room and riding this to 70k
The theme of this party is bear related time to get down. .
BTCUSD I don't usually trade on weekends, but I've been getting DMs (I don't respond to DMs unless I know you) Good region to buy, I'm not selling my old position yet. Smaller 1-2 wave with a retest of the breakout, possibly ready for the 3rd wave. If there is a draw down further I'd load some more at 92k if RSI shows Bullish Divergence. tradingview.com/symbols/BTCUSD/minds/?mind=ztYTI4XrT4anHxnCA5Nv4A&exchange=BITSTAMP
BTCUSD upside target 101500-105500 then a big crash
BTCUSD bearish engulfing candlestick 1 week chart? oh 👦
BTCUSD - bullish falling wedge from 3/24
- measured move breakout 11/24
- bearish rising wedge in progress
- fib of hi to low 3/24 to 8/24 within bullish wedge projected to 108K-ish
- trend-based fib extension for retrace projects to 76K-ish level
- negative divergence exists between PPO and price.
Let's see if TA actually works, lol.
