CoconutHarry33
@t_CoconutHarry33
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CoconutHarry33
With the Fed considering quantitative easing in the first half of the year, as well as ETF approval, there will be a lot of money entering the market. Bitcoin is catching on and hash rate is continuing to make all time highs. Bitcoin being taken off exchanges at fastest rate in history + decreasing supply (4M lost, over 19M already mined out of 21M total = supply shock). Game theory is kicking in and if every millionaire had Bitcoin divided evenly among them; they’d all have 0.3 BTC. BTC is the world’s first global, decentralized commodity and becoming the world reserve asset with a global population growing rapidly and approaching 8 Billion. There have also been many bad actors removed from the space. Many are calling this the most asymmetric investment in history of mankind, being unconfiscatable, immutable, highly salable, etc. The power of the Bitcoin network has grown to a million times faster than the most powerful supercomputers in the world. You are not bullish enough!!! #Bitcoin Please do your own research - this is not financial advice.
CoconutHarry33
The chart speaks for itself - stay humble, stack sats
CoconutHarry33
Massive Inverse head and shoulders on lower time frames, currently just broke out from the bottom channel of Fibonacci extension ( Jan 2023 swing low to swing high ) - if it can push through $7 (resistance at 2022 swing low) the doors are open to a massive channel back from 2022 swing high. Initial target: $7 .786 fib: $15 By start of 2025: $25
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