Hey guys, I have created a video on Youtube - https://www.youtube.com/watch?v=StfCbD3y0xo. I talk about my global vision on what Bitcoin is going to do next.
Honestly, ofc, I have no idea about the local events, because who has. But, based on Chande indicator, it's clear that we are in the middle of the gyration - see the video to understand this. So, this means that we can either go up and down from this move, but based on the previous global gyrations we always went down, like two times - in 2014 and 2018.
That's why I think that we are going to go down, globally speaking. We may go down to 30K or 1K, or somewhere in between, but we are defo not going to moon rn to 100K? Again, why? Because we haven't been doing this before, globally speaking...
I don't like youtubers who talk about the h1 or even lower charts, coz the majority of viewers aren't traders, but investors. Personally, I am doing a lil bit of trading on M1, and I like it. I haven't been very successful, but I am learning to manage trading metrics and I have a testing balance of a very small amount.
But I've been also DCAing into BTC for years, and I believe that the this is the way to go. I believe that BTC will become the global currency, actively used for developing countries whose fiats suck even more than USD. And I believe that we, first/second-worlders, are the stabilization liquidity needed to stabilize BTC before it goes global.
What do you think?
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