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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: carranza2 who wrote (167349)	1/20/2021 6:57:22 PM
From: TobagoJack	Respond to of 217837

I think perhaps US$ 7,000 is a point to start going long, and note that - should Team Biden fail to 'curtail' BTC, that which is harder to do than the other cryptos, then ... whoa! - but yes, in the act of failing to curtail cryptos, BTC shall likely get slammed and hard, side ways, backside, rough - after all, BTC and BTC alone, is the CCP-facilitated and Team China influenced TiKTok of monetary / financial arena Take the case of French estate tax, there would be strong motivation for Mr whomever to leave BTC in hardware wallet to mistress and wife, exchangeable for fiat money in Switzerland, Singapore or Hong Kong

To: carranza2 who wrote (167349)	1/20/2021 8:01:55 PM
From: TobagoJack	Respond to of 217837

If the article below is correct by the underlying analysis / method, then we wait for officialdom-enforced bum-rushing de-exuberance, targeting 7,000 per bitgold however, and perhaps important, I do not quite see the exuberance bum-rushed out of the bitgold to enter into common equity space, cash, or bonds, and so that leaves a suspect asset class that might benefit ... bloomberg.com Bitcoin Surge Built on Market Exuberance, Momentum Trade: Chart - Bloomberg Since October 2020 -- the starting point of the latest Bitcoin cycle -- about 60% of returns can be explained by exuberance in the wider market and momentum trading, according to Bloomberg Economics’ structural empirical model which exploits the co-movement of prices for Bitcoin and other assets to determine what factors are driving the ups and downs of the digital currency. Bitcoin’s role as a hedge against inflation and uncertainty has earned it the tagline “digital gold.” BE’s model shows that those factors explain a smaller share of the post-October move –- about 35%. Before it's here, it's on the Bloomberg Terminal. LEARN MORE

To: carranza2 who wrote (167349)	1/21/2021 12:46:49 AM
From: TobagoJack	Respond to of 217837

bubbles are fun test of faith time fairy obvious I wish to fail every time, but but mostly by being truant, and watch others take the test bloomberg.com Bitcoin Falters for a Second Day, Slides Below Technical LevelBitcoin’s torrid rally has lost some steam this week, with the cryptocurrency falling for a second straight day Thursday to slip below its 10-day moving average. The largest digital asset is down as much as 8.4% over a two-day slide and was trading at $34,546 as of 11:50 a.m. in Hong Kong, according to price data consolidated by Bloomberg. The second-largest, Ether, was up slightly, holding at about $1,330 as the wider Bloomberg Galaxy Crypto Index dropped 0.5%. Bitcoin’s latest gyrations have seen it touch a record of almost $42,000 earlier this month before quickly dropping about 17%. Debate continues to rage over Bitcoin’s perceived value, with believers pointing to a maturing industry and institutional interest in the cryptocurrency as an inflation hedge while others see the return of another speculative bubble echoing its 2017 collapse. Bitcoin is struggling to maintain its momentum from the end of 2020, falling below its 10-day moving average for a third time this month after a sustained run above the level since early December. The digital asset is also on track for a second straight weekly decline, the first time that’s happened since the start of October. That drop did, however, precede a seven-week run that helped propel Bitcoin into its current bull rally. — With assistance by Mark Cranfield Before it's here, it's on the Bloomberg Terminal. LEARN MORE