BitcoinLong
BTC - Breakout on Mid-East Tensions
Well BTC brokeout above the short-term resistance line (blue) and looks to be heading to the longer-term resistance line (purple), which could see it hit $9800 before long. This is a little unusual because we recently had a rising wedge (yellow) which is a sign that a drop was about to happen. But instead of falling, BTC is rising.
I think this is because of increasing tensions in the Middle East. It looks like the situation is going to escalate, and I believe the US will attack Iran. The US has come too far to stop now. They used 911 as an excuse to plant troops in Iraq and Afghanistan, countries which had nothing to do with 911, but which are on either side of Iran. It is quite clear that the Military Industrial Complex (MIC) has had its sights on Iran from the start, ever since the Islamic revolution of 1979 in fact. In that revolution, the new religious regime of Iran confiscated oil wells and other infrastructure owned by US oil companies, and those companies vowed to one day get all their possessions back. They spent 40 years building up to this, and now is the time they will strike. The US is going to make it look like Iran attacked US assets first, like a ship or a base. Then the US will attack Iran on the grounds of self-defense, as they will say.
Look for BTC and oil to soar. It's nothing to be happy about. Thousands of people will die because of it. And not just in Iran, but in many western world countries as well, as dozens upon dozens of terrorist bombings will retaliate against western targets in response to a war against Iran. We are going to experience a very bloody period lasting a long time, during which oil and BTC and gold will soar, but during which human morality will plummet.
I think this is because of increasing tensions in the Middle East. It looks like the situation is going to escalate, and I believe the US will attack Iran. The US has come too far to stop now. They used 911 as an excuse to plant troops in Iraq and Afghanistan, countries which had nothing to do with 911, but which are on either side of Iran. It is quite clear that the Military Industrial Complex (MIC) has had its sights on Iran from the start, ever since the Islamic revolution of 1979 in fact. In that revolution, the new religious regime of Iran confiscated oil wells and other infrastructure owned by US oil companies, and those companies vowed to one day get all their possessions back. They spent 40 years building up to this, and now is the time they will strike. The US is going to make it look like Iran attacked US assets first, like a ship or a base. Then the US will attack Iran on the grounds of self-defense, as they will say.
Look for BTC and oil to soar. It's nothing to be happy about. Thousands of people will die because of it. And not just in Iran, but in many western world countries as well, as dozens upon dozens of terrorist bombings will retaliate against western targets in response to a war against Iran. We are going to experience a very bloody period lasting a long time, during which oil and BTC and gold will soar, but during which human morality will plummet.
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