@TAnotepad I think BTC will continue to rip higher until 3rd week of September and possibly hit near $100K to destroy all shorts.
Crypto Savy has a $5M ๐ฒ short position n he is now in deep losses and if BTC hits near $100K...he is toast
@SantiagoAuFund The US treasury needs to go a dollar deficit diet. One example would be 50%+ monthly paycuts to Congress and Senate and other high paying officials simply because they can afford it and its for the greater good and most importantly it will be a great gesture of patriotism to USA
@SantiagoAuFund I get it that Gold is not easily transportable across the globe but its not the 1800s anymore. There are planes and massive transport ships now and government can easily use them to pay for goods and settle debts using USD as a denominator.
It will be difficult but doable.
@TAnotepad I believe that BTC is about to crash down really hard; this is just a bear market rally. There is no way that this is the beginning of a bull market.
@TAnotepad I think it will go up to $90K to liquidate all shorts. I know Craig crypto savvy has $2M short ๐ ๐คฃ ๐ ๐ฒ ๐ซจ ๐ซข
He is screwed ๐ฃ
@TAnotepad Ben Cowen is betting on one last drop by October but no one knows how low!
Some are saying $52K; some say $40K; others say $29K or even $12K๐
I do not think it will go that low but $40K to $52K is very likely...what are your thoughts my friend? what does the chart tell you?