so yes, you really should buy
bitcoin and appreciate how lucky we all are to be at the beginning of something bigger than the internet
come on dude, we are not at the beginning, when the literal president of america and his wife launch two sh*tcoins on his inauguration weekend and his sons are shilling other sh*tcoins left and right, while blackrock and wall street shills bitcoin to everyone and its ETF is larger than that of gold reaching the milestone at 20-30x the speed
if anything, it makes me scared we are in late stages....
So we are entering into a debt crisis.
As you can see Trump already is implementing import tax and starts battling economicly with everyone.
In a debt crisis at the beginning USD gets very strong for a short period of time since nearly noone is able to take new debt and existing marging needs to be delivered expacially in a higher inflation scenario where interest goes higher instead of down.First divergance in history of USD already happened that FED cut interest rates by 100 points and the 10 year went up by 100 points meaning they are already predicting high rising interrest rates.
The date end of march comes from a fibonacci ciricle chart which delivers timeframes.
End of march is the latest date of a specific fibonacci circle which ALWAYS causes a heavy drop based on past history.
Of course if its going to be caused by debt crisis or a new war in middle east thats something i can't predict however i can tell there are bigger movements ahead and the debt crisis is more and more obvious but does not need to be the offical trigger to start the sell off.
Also billionaires would not hold so much USD
cash in a high inflationary envirement when not beliving that there will be a big shortage of liquidity where cash will be king.
my question below to cryptofriendly relates to this. I also don't understand how the narrative is and continues to be that cash is trash, when SPX/QQQ is at all time highs , while liquidity becomes tighter and interest rate cuts are not guaranteed (if anything , they could even raise them again ?)
at the same time your prediction that bitcoin would fall to its 20ks suggests this is the end for Bitcoin (or at the very least the end of the 4 year long cycles and number always go up
i also don't understand why they couldn't manipulate bitcoin prices the same way they manipulate gold and silver
i also don't understand why wouldn't bitcoin dump if spx dumps, which it follows like a loyal dog....
But theyd be braindead to accept a non-working chain like solana.
.
a non-working chain that has just been successfully stress tested with the largest
crypto onboarding event in history, launch of trump coin -- and performed magnificently considering how much overload there was on the network, and survived subsequent gigadumps (melania and bloody sunday) with record volumes and defi transactions without problems or protocol failures...
Correct and.......
Trump already proposed selling US gold (to BRICS) for buying BTC into their reserve.
do you really believe anything Trump says? I am tired of everyone thinking he is some genius 4D chess player. He is simply the world's most successful con-man, and yes the Washington establishment he purges is probably even more disgusting scum than him (reminds me of southpark: you always choose between a giant douche and turd sandwich), BUT on top of that I feel like he has made so many enemies now among the elites that some powerful (dark) groups can sabotage what he does or even do something more sinister....
First of all, I agree with you regarding the continuous transfer of gold to brics in case of the real adoption a
gold backed currency by them for payments by western countries. I don't remember it clearly, but one of the analysis stated that doing so it would cause a transfer of 2% of the western countries' gold reserves yearly to the bricks, which would be not sustainable and would cause the whole system to break in the end.
But don't you contradict your own prediction (BTC dropping hard end of March), when you state that Trumps gonna sell gold and buy BTC?
Wouldn't that cause the exact opposite in the short term?
Personally, I expect a drop of 30% in btc end of March as well (128K->89K),
but only as a short term low, before heading much higher till October (>174K).
I asked this in another thread, but will copy the same questions for you. Would be curious about your take.
What do you think about Trump's / FED's / DoT actions over the past couple of weeks?
I cannot claim to be a macroeconomist enough to analyze, and those who profess to be experts give diametrally opposite opinions anyway, hard to cut through the noise. analyzing official data isn't helpful, since everyone is adamant about it being fake data....
but isn't there some kind of liquidity contraction going on right now / some attempt to deleverage the economy and have less US money supply?
Crypto markets (except for BTC) have entered a bear market. BTC itself is in some weak bull, arguably weaker than the prior cycle which was also pretty weak and BTC topped out earlier than the s2f model would predict?
however, if SPX nosedives, which (on the surface, maybe i am missing something) is almost something Trump wants to happen now (others claim his enemies from prior admin/FED want it to happen) -- if SPX nosedives, BTC will nosedive with it?
People also seem to forget ETH is now the 'bond' side of your portfolio, sure it will rise (in time) but it's a yield bearing asset with elastic supply based on demand.
So risk is no longer in ETH (sure can rise dramatically) as currency is debased by 8% PA and it tracks that with a 94% correlation but with much more x movement, but actually mad gains are in new entries (in real-tech) or in memes etc, it will never provide the same sort of growth potential, and shouldn't provide the same sort of downward potential either.
tell it to all those who got liquidated when ETH dumped to 2100 last sunday. it lost nearly half its marketcap in just a few weeks and lost 40% in one single day...
ultrasound money my arse...
.
