The Currency Analytics
By Dan Saada
Bitcoin Selling "Our Money Our Currency"
Bitcoin was $12 at the first halving and $652 at the second, and we are now awaiting the third halving in 44 days.
Making money with Bitcoin is about going long on the bottom and going short with each top. Trading can be as simple.
Several big businesses and banks are likely to get bailouts. The idea of HODL is about delayed gratification.
One of the Twitter read thus: "The US Federal Reserve's balance sheet increased $586 billion to a new record of $5.25 trillion last week.
Sydney Ifergan, the Crypto Expert, tweeted: "The world will now wake to the reality of Bitcoin. The price of the BTC is getting tuned.
Many people are going to sell their Bitcoin to put some fiat money into their pockets due to the hassles caused by COVID-19.
Just like Gold, the USD will be valuable only for as long as the fiat is limited in supply. When they begin to print, the story is different.
Peter Schiff tweeted: “#Bitcoin bugs criticize me for recommending #gold because anyone who bought at the absolute high is still down 14%.
Bitcoin has been outperforming Gold in all standard time periods and most of the calendar years ever since the coming of the Bitcoin.
Donald Trump recently stated, “Well, there’s that. “It’s our money. It’s our currency.” We can do whatever it takes.”
Peter Schiff further stated, “More miners will likely shut down after the Halving when mining rewards are cut in half.”
We need to wait to see how reality unfolds.