MultiversX Tracker is Live!

Cycle is broken and people is going to get caught

All Cryptocurrencies

by COINS NEWS 79 Views

So, quick maths.

Halving hasn't happenned yet. Blackrock is 2 month into the etf at 10k btc a day. Those are not even their bitcoins, just custody. Estimations of traded/moving bitcoin in exchanges is <2million. Im not even counting anything else but blackrock, at this rythm, is going to cause a supply shock by itself in less than 2 years. Grayscale is selling like crazy holding the price "down".

Bitcoin is going for 150k and ppl will sell as its "the top of the cycle" just to realize some time after that bitcoin is not touching 150k again. The type of money which is comming now only wants to preserve wealth. A kind of wealth we peasants don't even comprehend. First piece of the domino is already falling and we don't know how large is this domino really.

Pandora's box is open and shit is about to hit the fan. I have the feeling even our wildest dreams cannot fathom what is going to happen in the next couple years. This time, trying to time the cycle top may not be a good idea.

submitted by /u/Buckors
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments