🗠 First It Was Artificial Inflation Now It Could Be Artificial Deflation
Bitcoin might be getting walloped again but it is one that can be predicted.
Almost a year a ago many hedge funds vested into bitcoin and once their one year "lockup" time is over those people and investors might be poised to back out and withdraw their profits.
I mean these investors did go from about $800-$1,200 to a whopping $6,000 we sit at here today!
This very well could put more pressure downward but this will be an artificial downward trend in which we should bounce back from quickly. This could very well spell for a time to invest in heavy if you where waiting to enter the markets.
*As always this is my own opinion and should not be used as professional advice. You are responsible for your own choices and decisions.
What we have been seeing is a constant pressure to keep above $6,000 and yeah I know most people piss and moan about that price but you really need to step back for a moment and look at this.
This time last year bitcoin was trading for $800 per coin and even before that around $400-$500. A year later bitcoin holds strong over $6,000! For many that is a 1000% increase in their money. It would take you 500-1,000 years to make that money in a high yield savings account.
This goes to show you once institute investors and more money can be accessed by bitcoin (which should be happening towards the end of this year) that shits just going to explode as you can't make returns like that in the stock market.
It very well might be the price wont fall much more and the markets just raring to go for the big markets to enter into crypto. Remember just 1 trillion dollars in bitcoin would skyrocket the price to about $50,000 per bitcoin and 1 trillion dollars for a WORLD WIDE currency is like a drop in the bucket.
What do you think will be happening in the next coming months for bitcoin?


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How u make this gif ??