REAL PEOPLE OWN REAL BITCOIN – and they take the actual coin off the exchange and put it in their own electronic wallet – that way the exchanges cannot “FRACTIONALIZE” BTC which I can tell you they all do.
The truth is that Bitcoin is FAR BETTER in all aspects of “money” than either the Dollar or gold! How can I say so?
Interesting that this break higher comes within minutes of government failing to pass a continuing spending bill, thus effectively shutting the government down. Hmmm. Faith in BTC, but losing faith in .gov and the central banker dollar.
Yesterday’s selloff ended at BTC $9,000. This was an interesting place for it to end as there really was no support in that zone. So what happened?
WHERE DOES THE SELLING END?
Read more to find out…
Just a quick update to let folks know what I see. Obviously the large triangle we’ve all been tracking has broken to the downside. That’s pretty bearish, and there are formations that tell me Bitcoin price, and most of the… Read More ›
According to Binance’s CEO, Zhao Changpeng, although they are currently paused for new accounts, they opened the window for one hour and received 240,000 new accounts! Prior to pausing new accounts they were obtaining two million new accounts per week!
Remember that waves are energy movement. Differentials are required to create motion.
This wave will eventually crest as all waves do. When it does, asset prices of all types will begin to fall. Falling asset prices create a “flight to safety” initially. What usually benefits during the first phase of a flight to safety? The Dollar!