So much for the 6.2k Floor.
Bye Bye~
Our journey to 5-3k Bitcoin continues~
It could just be the last Shake out, potentially possible.
But let's be real here.
Bitcoin is a trash Currency, and not even the Lightning Network is simplified enough for mainstream adoption.
Regardless though, it could have a future as Gold.
But I don't make that decision, the markets do. And only time will tell.
In the meantime, I guess one could always take on Commodities.
Uranium looks delish~
And Natural Gas is giving Crude Oil a hustle for its value.
Ever since the United States found a way to transport Natural Gas as LNG in 2016, everyone should know exactly what this means.
Ain't no way the US of A is going to let those Dirty Commies from Russia to export their Crude to Europe.
And since the United States is the Saudi Arabia of LNG, you can expect Cheap, Sexy, and Lovely Liquified Natural Gas in every home by 2025.
Meanwhile, on the other side of the planet in Japan Land. Markets continue their Unicorn existence.
Japan's central bank now has more value than the country's GDP on its balance sheet.
My response?
Let the Dreams continue!
I'm sure every Central Banker and Gold bug is laughing at Bitcoin right about now.
Let them, they'll swallow the pill later.
If Bitcoin continues to decline though, you should expect most coins making new lows.
Eeeh, not much you can do about it when nearly every Coin on the Market has its underlying value tied to Bitcoin because you often need Bitcoin to buy other coins.
The future will change. But for now, you have to deal with it.
If NANO drops below $1 (And Trust me, I want it too), I'm going to make a NANO Long Trade so big that Michael J. Burry would have nightmares.
I have so many different NANO accounts that I can hardly keep track of them.
But hey, you don't see me complaining about the Free Nano from the NANO spammer.
https://www.nanode.co/account/xrb_1epochfo6oqad7mgn6rcikgka9bps43nedz1kpm1t35e579mregxgf6srhpd
Life is good~
And you should Feel good too if you own NANO.
The Future is Blue.