Bitcoin Breaking Down?

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Добавлено 3 года назад от Полтергейст

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In this video, I discuss whether Bitcoin's chart is currently breaking down.

I conclude that it is not, and that today's price action is analogous to July 2017, after which Bitcoin went up 10x.

Meanwhile, all the fundamentals and news surrounding Bitcoin is extremely bullish.

Not investment advice! Consult a financial advisor.

Stock to flow model continues to track:
s2fmultiple/status/1385092321125933057

Binance hires Brian Brooks:
articles/cryptocurrency-giant-binance-hires-former-top-bank-regulator-11618912800

Yellen on Bitcoin in 2014:
DocumentingBTC/status/1384991502208839680

Google searches for Bitcoin surge in Turkey:
DocumentingBTC/status/1384601219960766467

Mayor of Jackson, TN looking into Bitcoin:
MayorConger/status/1384691758936825857

Bitcoin fund coming to Dubai:
articles/canadas-3iq-to-bring-middle-easts-first-listed-crypto-fund-to-nasdaq-dubai-2021-04-20

Latest CPI inflation:
inflation/current-inflation-rates/

Toilet paper and other consumer products getting more expensive:
business/business-news/toilet-paper-diapers-other-consumer-products-are-latest-see-price-n1262815

Coke raises prices:
2021/04/19/coca-cola-will-raise-prices-to-offset-higher-commodity-costs.html

All commodities except for gold sky-rocketing:
charliebilello/status/1384511101958860801

Gold underperforming Bitcoin:
woonomic/status/1385166434561499137

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