Bitcoin is looking for the target of $84,000, but if resistance is not created at that level, it will seek a bottom between $65 and $70,000.
My analyses are not technical, they are opinions formed from experiences over the last few years. I base them on the idea of cycles, which leaves the question: - Is Bitcoin really a store of value? An asset?
With so much depreciation and volatility, it is difficult to say this. Big players are behind the scenes and seem to decide when everything should happen or not happen.
There is so much talk about freedom, but all this proves how free crypto investors are.
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It is clear that external factors have always influenced and will always influence all markets. Inflation of fiat currencies, government interest rates, global economic policy, and military conflicts will always drive prices and values in our societies.
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For me, a store of value will always be arable land, drinking water, and weapons for self-defense and property protection.
Take care of your finances and don't let your emotions get the better of you.
Att: Trakxart
