Monthly chart looks ready to me. I think the combination of an election, halving, impending economic downturn, inflation, and so many other factors are just golden for bitcoin to rise. I am not a big price guy. The reason I’m into bitcoin is because I believe it’s the most sound currency ever created. I want it to be the reserve currency of the ENTIRE WORLD. and believe it can be.
The biggest criticism I always hear is, it’s too complicated, what happens if there’s no internet, how can it be used as money if it’s so volatile etc. To me these things are just ignorance. Many many people do not understand economics and I’m not claiming I do. My point in this is that most people do not understand the US economic system in that amount of detail but it is still the number one currency across the globe. Most people don’t truly understand inflation or how harmful it was that we got off the gold standard or how harmful it is that we can print unlimited amounts of dollars backed up by nothing by sentiment and strength of the US economy or how a centralized currency is not the right move if the common man wants to retain buying power. But everyone still uses the dollar despite this lack of knowledge. All it will take is for bitcoin to become undeniable and I believe after this next bull run/halving it will become an undeniable fact that bitcoin is here to stay and the greatest asset one can acquire.
I am trying to learn, been trying to learn for 2+ years now. I’ve read books, watched multiple video, done research, followed markets over this time, so please if you believe I’m wrong or have another idea of how this could play out I would love to see your point of view. I’m very open minded to the possibilities but I cannot find the thing in bitcoin that can stop this inevitability in my mind. I would love to see why I’m wrong and Im not looking to argue or put anyone down on this because at the end of the day nobody on this planet can predict what will happen with this experiment.
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