going forward.
Shortly:
- Miner profits are at an extreme low which has acted as a bottom before
- FED is selling stocks but doesn’t have BTC in its balance sheet to sell (Don’t fight the fed)
- BTC is global, and regulatory resistant currency which makes it attractive choice for holding if you’re country(’s currency) is in trouble
- BTC is being accumulated by big players at this range
https://www.youtube.com/watch?v=Yf_IxGJuxSY
One more reason it will dumb.
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