Bitcoin has support at $58,000. I doubt it will hold. Once it gives way, Bitcoin could collapse below $50,000, testing the August 2024 low. If that support fails too, the next level is around $20,000. Strategy will have to sell a lot more Bitcoin to maintain its dollar reserve.
And if that support fails it'll plummet to $16K, and if that support fails it'll only slow down at $6K, then when that support fails it pauses at $3k for a brief moment before falling down to $1K, then the next support is not even very strong at $700, and then it'll blast right through that down to probably $200 or so, and when that support breaks it'll be the writing on the wall for it to crash right down to $30 again and then when its back in the low 2 digits people will realize i've been right all along and it'll go to zero. My 2011 prediction will prove to just be really, really early. 😆😘
There’s times I wonder if I should take my $50,000 and buy almost a whole $BTC right now.
I’m currently 27 years old. Would you consider this a good idea?
If every single bitcoiner buys just $100k worth of bitcoin today at the same time, the price will go to $1 million and we can all dump at the same time and be extremely wealthy.
Why aren't we all doing this?
I agree totally. A couple years ago my daughter said bitcoin was a scam and didn’t want to discuss it. This week she asked me about and we had a conversation about it.
The more aggressively you try to orange-pill someone, the more likely they are to run in the opposite direction.
People adopt Bitcoin when they’re ready, not when you’re ready. ₿
@crinklrewards
When I try to withdraw from the Crinkl app to my lightning wallet I get the following message:
Unable to start claim
Withdrawals unlock 1 day after your first spend.
I have been using this for over 2 weeks and have 49 verified receipts.