BitCoin is in lossing streats, and it shall continue to do so,
I see that it can easily go to $4,000 level first.
Now even countries are going to start their own bitCoin, so there will be more choices to choose from.
IMO, the bitcoin is speculative product and it shouldn't worth much, after people stop using as money l@aundering vehicle.
Trade Safe, s0nic
Disclaimer : This analysis not include personal feeling/opinion, and pure base on technical analysis Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose.
please inform me with post a comment if it reach some critical point/break pattern, reach target/reach stop level. or if there is any question about this analysis/need new update. Because im not monitoring this chart all time.
Money laundering are you kidding. It's pointless for governments to make a block chain coin because the name of the game is theft by inflation and block chain takes that away.
SonicDeejay
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@wipfster, wonder why CHina want to/will be closing down bitcoin exhcanges in China/HK?
wipfster
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@SonicDeejay, they can try but once you taste the sweet freedom of crypto there's no going back. Crypto is going forward and bitcoin is leading for the simple reason that the majority it's held by people who won't sell it.
jeremyalain
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@wipfster, You can fight or rebel against gentrification, but there's no stopping it. It's inevitable. Same goes for this here revolution. The only constant in life is change. That's all this is.