Toby from Crypto Tips is still bullish on crypto and Bitcoin. Why? Watch this short 6 minute video from yesterday that got 14K views already.
MY Video Summary
Jim Kramer said Bitcoin will never hit $1Million. Since often the opposite of what Jiim says actually happens, Toby takes this as a sign of $1 Million Bitcoin.
By the way, Michael Saylor has been talking aboout still buyiing when Bitcoin is woorth millions.
Credit card debt is very high so inflation might get higher which makes Bitcoin attractive as a hedge against devalued fiat.
Trump wants a stablecoin which might be USDC.
The Federal Reserve will not be desolved.
750 Bitcoin added to US Bitcoin Reserve.
We are in a healthy Bull market correction.
Feel free to comment here on any of this and/or comment on the Crypto Tips video!
My Thoughts
We probably are in a Bull correction and this has happened often before. However we really don't have all that much historical data. This is just the 4th Bull market in crypto and you can't say much about a 4th thing happening currently in time by just looking at 3 previous cycles of the thing.
Some people say this cycle is different and others say it is Not different. I think it differs at least in 2 ways:
There are ETFs now and Bitcoin is well known in the mind of the public. Your grandma has heard of it and has an opinion on it.
We are in a different economic era where interest rates are not near zero as they were in the past. And although Trump has been in office once before, he is more embracing of crypto but also doing lots of other economic things at a very fast pace which no one can predict the result of.
I think we'll have higher highs this year but I don't see Bitcoin over $170K and maybe not much over $120K. Let's see what happens!
Just my opinion. Not Financial Advice! Do Your Own Research by watching videos like this, and reading posts here on Hive and elsewhere. Gather info, analyze it, do what you think is best for You.
Source:
My Activity
today wasn't much. I had family things to do. I did go food shopping which got me some steps but not much.
At night I did take my walk but it was pretty short. So just 5K today.
I hope you're enjoying your weekend!
Have a Great Day!!! ❤️❤️❤️❤️❤️
This report was published via Actifit app (Android | iOS). Check out the original version here on actifit.io
Honestly, I'm feeling bad on crypto recently. I haven't felt the bull run especially alt season.
I am expecting the Bitcoin price to be around 130-150k if market stays positive but let's see how it goes..
I don't like the philosophy that will happen because guy X said the opposite... I don't think btc will break 110k this year
Sometimes life gets busy, and even a little movement counts! Family time is just as important. Hope you’re having a great weekend too!
Also, you've made an interesting take on the current market! The addition of ETFs and Bitcoin’s mainstream recognition definitely make this cycle unique.
While history offers some guidance, the evolving economic landscape adds new variables. Excited to see how things unfold!
BTC can actually get to $1M but it’s gonna take years, lot of work and investment
It is really getting so bullish I am very sure of that
I read one of your recent replies and figured, you'd be very interested in what I write about my "Fine Tuned" version of the coming U.S. Monetary Correction...
Congratulations @kenny-crane! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)
You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word
STOP