BTCUSDMSTRBTCUSDTGOLD Bitcoin's Final push and the end of it's reign in the Crypto verse Smart investors prefer putting their money into tangible assets like gold, which have intrinsic value and physical use-cases, rather than throwing it into the thin air that Bitcoin is created out of.
There will only ever be one ‘Gold’—uncopiable, indestructible, shiny, smeltable, forgeable. But there are already three forks of Bitcoin and thousands of other cryptos, some of which are far superior to Bitcoin and with each cycle Bitcoin dominance peaks lower. The problem with decentralization is that people can use whichever crypto they want, not the one that Bitcoin frontrunners want them to choose. With gold, there is no alternative—gold is gold.
As Bitcoin's price rises, the returns diminish, and it requires increasingly more to push the price higher. Lower returns mean less interest in buying and more interest in selling. Bitcoin's price is artificially inflated by whales to create the illusion of genuine interest, bolstered by paid internet influencers pushing people to buy into it. It is pure hype, speculation, and fraud. Nothing else!
Be smart, if something seems to be to good to be true, it probably isn't! - Cas
- Up Scenario: If the inauguration instills confidence in the market with positive crypto-related announcements, and if MSTR's proposal gets approved, Bitcoin might see an upward trend. The anticipation of Trump as a "crypto president" could further this momentum.
- Down Scenario: If there's no immediate positive policy change or if MSTR's proposal faces hurdles, Bitcoin could see a correction or remain flat, especially if the market has already priced in potential positive news.
MSTR For those who did not sell into close. I wish you the best of luck in your gamble for waiting until Tuesday. Its either going to be a great gamble or a horrid mistake. Look forward to seeing which way it plays out
MSTRBTCUSD Seems kind of insane to me to not have any exposure to this once in a lifetime opportunity going into Inauguration. The first time a President has endorsed Crypto and Bitcoin. Why wouldn't you invest to see what happens next? There's only gunna be 1 first time and this is the only time to be a part of it.