I would prefer the $50.000 of #DOGE as the Tesla i already have, thanks to #DOGE and i bought it on #Binance ...and i still believe in the Coin. It has shown the incredible possibility of the Crypto space changing people, changing lives, changing the world! #DOGEorTesla#Binance
This morning, @JoeSquawk & I discussed #Bitcoin institutional adoption, #Crypto regulation, the sources of current market volatility, the demise of Gold, and the emergence of USD as the world’s digital currency & BTC as the world’s dominant digital asset & safe haven investment.
Price discovery on markets sometimes reminds me of the prisoner's dilemma. If everybody today decides not to sell #bitcoin under $100K, the price would rise over $100K today. However, some people chicken out ...
WHO director-general @DrTedros:
1. "We don't need more lockdowns"
2. On vaccine passports, "we are not recommending them .. the certificate could be discrimination"
3. "The vaccine does not prevent COVID but it does prevent serious illness and death"
As you know S2F model predicts ~$100K average this halving cycle (white line). I dumbed that down to "$100K Dec 2021 close" because to make $100K average, mid-cycle we should be above that average. My floor model (not S2F) predicts $135K Dec close: roughly in line with S2F model.