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Central Banks have long controlled the money supply in Nations. It started in England, with the first Central Bank, being controlled by the Rothschild Family.
Is $750 Billion, funded by money printing. It will increase US taxes, and increase IRS oversight, and do nothing to fight inflation.
In June 2022 Bitcoin fell below $20,000, and bottomed at $17,500. If held until today (34% ROI).
Look at this statistic as it relates to the importance of personal finance to people.
Brian Brooks formerly Comptroller of the Currency, just met with congress and testified in this link below about the importance of Bitcoin both for the environment and the economy
Despite the White House and Janet Yellen saying we are not in a recession now, even though there have just been 2 consecutive quarters of negative GDP growth.
Bitcoin is a decentralized monetary system which is separate and apart from central banks.
This is what is happening in China at Banks. Withdrawals not being allowed.
Many people tell us they don’t trust Bitcoin because of the volatility. It is down from $69,000 in November!
As the Bank of Canada hikes rates 100 bps, Jerome Powell, US Fed chairman, hints at a 100 bps rate hike for the Fed as well.
The world is truly off it’s axis to put it mildly! Today’s blog will look at China and Saudia Arabia.
500,000 GB of data was just released all over the internet regarding treason, and debauchery performed by the Presidents son, Hunter Biden.
Bitcoin is far, far below the stock to flow model. Inflation is still out of control.
On Tuesday we showed some proof that Bitcoin had bottomed or was very, very close to a bottom. Price was in the high $19K’s and now it has touched $21K.
Today, we are getting straight to the point. Yes, the economy is in shambles.
As the value of the dollar erodes away. The amount it takes to be wealthy, or financially comfortable goes up and up!
Bitcoin has not been this far below the 200 day moving average for much time. Only 3% of it’s lifetime has Bitcoin been this oversold before.
Proshares is starting a Short Bitcoin ETF.
Can the Fed control inflation? That is the billion dollar question.
Feb 4, 2011 Bitcoin gained parity with the US Dollar. Bitcon was worth $1.
It is very hard to predict where Bitcoin will be over the next few months. The farther out the time frame is, the easier it is to see where Bitcoin is going.
This zoomed out chart of Bitcoin going back 10 years. Shows us how bullish the last decade in Bitcoin has truly been.
Bitcoin represents the only money ever created that does not require DEBT to create velocity of money.
Fear and greed index in 2020 with Bitcoin at $16K
We will stick to our guns on where Bitcoin is heading. We still hold out hope that a recovery very late in 2022 is possible.
Bitcoin is halfway through 2022 today and it is -35% year to date. That is better than the Nasdaq but obviously not a good first half of 2022!
It has come to our attention. That the theme of central bank fraud or the fact that all central bankers are fraudsters needs to be discussed!
We are short term BEARISH, and long-term BULLISH on Bitcoin. How did we get here?
Bitcoin is very revolutionary. Here are the latest moves being made to adopt Bitcoin, and mine it to stabilize the power grid.
The realized profit/loss chart below shows a clear bottom, to the realized loss of holders that sold.
First of all, short term price predictions are all but impossible right now.
This is a long story. Here is what we know that happened to Terra (UST, stablecoin) and Luna (altcoin that stakes on UST).
Bitcoin will undoubtedly rise up faster than other assets once the macro economic environment improves.
Gold backed currencies in Brazil, Russia, India, and China, the BRIC countries is looking more and more possible or likely.
Tuesday and Wednesday everything looked great. Bitcoin was about to and then did break out from the descending wedge.
First off, Neutral ATM cannot determine which way Bitcoin will end up going in later 2022.
According to this chart below. The bolinger bands are tightening and volatility is about to increase dramatically.
There are multiple layers to the financial war going on globally. The EU and US against Russia.
Right now New York is attempting to attack Bitcoin mining by proposing a ban on proof of work mining.
Bitcoin pumped to $43K today, then dropped, and is back to pumping again.
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