Tuesday, February 13, 2024 6:51:06 AM
Yes,
It MAY be that Bitcoin gets considered a safe haven compared to the status of equities........
OR, it may be that Bitcoins' 50,000 Level, gets considered to be the equivilent of equities.......
Which is more likely ?.......Well, the FORMER is more likely for 2 reasons :
1) Bitcoin hasn't HIT yet its' all time high and
2) The world is awash in fiat and debt
OR, lastly, it may be that both Bitcoin AND equities don't give hoot about all time high levels and BOTH of them continue to climb.
No wait - Not lastly (because there are other scenarios alsp (of course), for eg. '
Bitcoin COULD (continue to) get considered as one of the best (if not THE best) wealth pump "mechanisms" or "levers" in the history of the planet exceeding the tulips by an unfathomable magnitude (the "fact" that there's only just 21 million of 'em, their halving, the fiat debt, real estate prices, social media, etc), etc.
Yeah no that last one there - That one's a biggie........
Regardless, WHATEVER the "funnymental" case one can come up with for it's reason to climb, basic CHARTS are THE (an excellent / MY personally BEST) tool for determining whether or nor it is happening.
MARCH 16th 2023...........* Holy, will ya look at when I posted a reaper !.........(that March was volatile !)
Also posted ;
March 16th
Anyways ;
Meanwhile..............(11 months later) ;
TOKYO, Japan
......1971.....or in other words, that is a 50 year chart !
Not to mention The Nasdaq since IT could factor in also ;
Altho I dunno eh like, 'cuz I'm just playing with crayons.......
Oh, wait a minute......Probably shouldn't really leave out that China there neither ;
Extraordinary times.............and like ya' say - Supply and demand
Recent BTCUSD News
- Bitdeer unveils new chip for low-power Bitcoin mining • Crypto Briefing • 06/07/2024 10:27:32 AM
- Bitdeer introduces energy-efficient Bitcoin mining chip • Cointelegraph • 06/07/2024 09:53:33 AM
- What is Elliott Wave Theory, and how to use it in crypto? • Cointelegraph • 06/07/2024 09:25:58 AM
- Crypto On Watch: Will ECB Rate Cut Fuel Bitcoin Rally? • NEWSBTC • 06/07/2024 09:00:55 AM
- Bitcoin SV’s Twetch considers open-sourcing after shutdown • Cointelegraph • 06/07/2024 08:26:39 AM
- Buy Now, Crypto Bull Market Returns, Says Arthur Hayes • NEWSBTC • 06/07/2024 08:00:20 AM
- GameStop rally sends Roaring Kitty’s shares to $1B • Cointelegraph • 06/07/2024 07:47:57 AM
- Bitcoin may retest $69K next as shorts keep BTC price below all-time high • Cointelegraph • 06/07/2024 07:30:00 AM
- AI-driven crypto crime is only just beginning — Elliptic report • Cointelegraph • 06/07/2024 07:27:40 AM
- Bitcoin on Cusp of Major ‘Blue Sky Breakout’, Says Crypto Analyst Kevin Svenson – Here Are His Targets • The Daily Hodl • 06/07/2024 07:04:29 AM
- 108 ex-prosecutors, feds echo calls to rescue Binance exec in Nigeria • Cointelegraph • 06/07/2024 06:26:41 AM
- Over 35 fake Elon Musks live-streamed during SpaceX launch • Cointelegraph • 06/07/2024 06:05:49 AM
- Why isn’t the BTC price moving despite billions in ETF inflows? • Cointelegraph • 06/07/2024 05:56:19 AM
- US Bitcoin ETFs attract record inflows with new all-time high in sight • Crypto Briefing • 06/07/2024 05:52:49 AM
- Semler Scientific now holds 828 Bitcoin and has $150M plan to buy more • Cointelegraph • 06/07/2024 04:27:33 AM
- XRP Price Dips To Support, Can It Bounce Back And Restart Increase? • NEWSBTC • 06/07/2024 03:58:29 AM
- Ethereum Price Pulls Back from Resistance: Will the Bulls Stage a Comeback? • NEWSBTC • 06/07/2024 03:18:10 AM
- Big shorters are betting $6.9B against MicroStrategy stocks • Cointelegraph • 06/07/2024 03:01:53 AM
- Bitcoin Dips Again: Temporary Setback or Buying Opportunity? • NEWSBTC • 06/07/2024 02:58:22 AM
- Telegram launches in-app currency ‘Stars’ for digital purchases • Cointelegraph • 06/07/2024 02:18:47 AM
- Maker Metrics Under The Microscope: Clues To MKR’s Price Path Ahead • NEWSBTC • 06/07/2024 02:00:04 AM
- Shiba Inu Open Interest Returns To February 2024 Levels, What Happened Last Time? • NEWSBTC • 06/07/2024 12:30:31 AM
- GME meme coin skyrockets 97% following RoaringKitty livestream announcement • Crypto Briefing • 06/06/2024 10:49:54 PM
- FTX creditors object to bankruptcy reorganization plan • Cointelegraph • 06/06/2024 10:06:34 PM
- Scammers Ask for Crypto on Fake SpaceX Elon Musk Livestream by Dubbing an AI Voice Over Real Video: Report • The Daily Hodl • 06/06/2024 10:01:28 PM
Mushrooms Inc. (OTC: MSRM) Announces Significant Share Buy Back by the Board Director and New Strategic Initiatives. • MSRM • Jun 5, 2024 1:32 PM
Hydromer Announces Launch of HydroThrombX Medical Device Coating Technology • HYDI • Jun 5, 2024 10:24 AM
Dr. Michael Dent Finances $1 Million to Drive HealthLynked's Healthcare Transformation • HLYK • Jun 5, 2024 8:00 AM
Avant Technologies Enters Binding LOI to Purchase Dozens of High-Performance, Immersible, AI-Powered Servers • AVAI • Jun 5, 2024 8:00 AM
IQST - iQSTEL Announces $290 Million 2024 Annual Revenue Forecast • IQST • Jun 4, 2024 1:43 PM
ECGI Holdings Accelerates Strategic Initiatives by Securing First of Two $125,000 Convertible Notes • ECGI • Jun 4, 2024 12:15 PM