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Bitcoin is not about making trade-in dollar terms. It is about replacing the dollar. While BTC is set to beat the dollar, ETH is set to beat the BTC. And now the trend is like this: While everybody is talking about how ETH may or may not flip Bitcoin, nobody thought of the idea that ADA will potentially flip ETH.
When panic sellers sold their BTC at $30,000, holders call them noodle fingers who do not deserve the gain. There were many who panic sold at $19,000 per BTC and now when the price is up wonder what will be going through their head. The panic was because BTC is going down. Those who panic sold Bitcoin are never going to agree that they did it out of fear.
The 4 h charts of BTC are looking very bullish. There is a breakout on top, which confirms the 51k target. There is strong resistance at 49400. It helps to keep one’s head up, eyes open, and patient.
Bitcoin is not about making trade-in dollar terms. It is about replacing the dollar. While BTC is set to beat the dollar, ETH is set to beat the BTC. And now the trend is like this: While everybody is talking about how ETH may or may not flip Bitcoin, nobody thought of the idea that ADA will potentially flip ETH.
When panic sellers sold their BTC at $30,000, holders call them noodle fingers who do not deserve the gain. There were many who panic sold at $19,000 per BTC and now when the price is up wonder what will be going through their head. The panic was because BTC is going down. Those who panic sold Bitcoin are never going to agree that they did it out of fear.
The 4 h charts of BTC are looking very bullish. There is a breakout on top, which confirms the 51k target. There is strong resistance at 49400. It helps to keep one’s head up, eyes open, and patient.
Of note, the mayor of Cool Valley, a city in the U.S. State of Missouri, have been raising funds to give Bitcoin to all residents in the city. However, he does not want the residents to sell their bitcoin immediately. Instead, he stated that if they do so when the cryptocurrency price is $500,000 per coin years later, they will regret selling.
Cool Valley Mayor Jayson Stewart sharing his plans on Thursday, stated, “It’s digital gold. I would like to see every single household in my city receive some level of bitcoin, whether it be $500 or $1,000.”
Mayor Stewart, who calls himself an entrepreneur and environmentalist, stated that most of the money that will fund the Bitcoin giveaway plan would be coming from several unnamed BTC investors.
He stated that he has some very supportive donors who have agreed to match any money they will raise for up to several million dollars. They are trying to get a few government funds also going along with that or potentially some of the relief money which will come from Covid relief.
When the media tried to communicate to the Cool Valley residents, it just looks like several residents have not heard of Bitcoin or cryptocurrency. However, many are receptive to the plan.
Such events are trending at a point in time when several cities in the U.S. are trying to become Bitcoin hubs, which like in Tennesse, Jackson, Miami, and Florida,
