$BTC the asian bears are desperately trying to psyop the price through short, scandalous and pessimistic posts (probably they need to sleep)... Don't fall for their cheesy FUD tactics and instead be mindful of the facts:
- We have a world that is massively adopting crypto and quite literally countries are planning, or already funding their crypto reserves (fundamental)
- Corporate (BlackRock, Microstrategy, etc) has literally purchased twice the amount of the newest Bitcoin supply: supply < demand (fundamental)
- This is the first time a head of state, Trump, fully endorses crypto going so far to create its own homonymous PolitiFi Memecoin; do you seriously think a business man and politician like him, or his advisor, one the smartest men alive, Elon Musk, would risk US interests to "bet the market"? (fundamental)
- Meanwhile Bitcoin short-term holders are selling at a loss a traditional signal for a cumulative phase (quant)
- This looks as the current ascending triangle we saw in these days, same triangle that was bullishly broken out early in onshore hours (technical)
- Ichimoku support stands strong, with current wave N going so far to 110-120k ranges... Meanwhile we're literally at Elliot-wave (c) from this day retraction and price action from early morning confirms the impending bullish breakout...
- Noteworthy, Bitcoin power law, one of the most accurate price models for Bitcoin signals that Bitcoin is yet to pierce its power law median which can launch the price to a 200k or 250k ATH this year (quant)
- 40% volume was dropped in these last two days, so it was more like people weren't trading... Meanwhile we're seeing a massive surge in volume from Binance.US listing TRUMP today and Trump's executive order confirming the Strategic Bitcoin Reserve (technical + fundamental)
I'd say don't be short sighted, but a carefully rational optimist: The best is yet to come, and we ain't seen nothing yet... Don't let the irrational pessimist tell you what to think or do with your money. #Bitcoin is here to stay.