The probability of the bitcoin price falling to the lower level is greater than the exit to the top. I am starting to gain longs. D1 for sales, as well as smaller timeframes.
Yesterday I assumed that there would be a rise with two possible targets. The first one was reached, but the second one is not working out. I think that now the price will touch a bit of the lows. Overall, it's still sideways
I share my vision of the movement of Bitcoin. In the short term, I expect a sideways movement with a slight increase. There are a couple of targets above, but I don't see a breakout above 100. This is not a guide to action. And at any moment, the picture may change.
Imagination is a good thing, but as I see it, the national debt in the USA certainly exists, but it doesn't really hinder the government much.
a27s
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I'll poke a stick a little into the hornet's nest.
No one thought about why everyone is screaming about digital gold for Bitcoin right now. And that there is a race among states for ownership of BTC.
Scenario: The USA starts the music box, buys BTC, launches an ETF, sells empty shells to people and smaller funds. They sell Bitcoin to other countries as a secured asset. The market capitalization of cryptocurrency reaches 10-15 trillion. Maybe even more. And when all countries get their Bitcoins on their balance sheets. And Bitcoin itself will cost 1 million, for example, why not? They can inflate any price. And then Satoshi himself wakes up. And brings all his Bitcoins into the market.
Boom, the lights go out, the price of Bitcoin is $100. The external debt is repaid. Huge losses and a restart of the financial system in the world. As a result, we get the biggest crisis in the entire history of existence, or even a real scam of the dollar. And a transition to another currency and financial system, because there is no trust in the dollar after such a shock.
Against the backdrop of such upheavals and losses, riots across the planet and a real confrontation between the West and the East. Total chaos x2.
Well, it would be great if they also installed ATMs for crypto.
CryptoSoulsUnited
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Bullish
The French luxury department store Printemps became the first major retailer in Europe to start accepting cryptocurrency as payment. Now, customers at 20 stores in the chain across France can pay for fashionable clothing, accessories, and luxury items using digital currencies.
This initiative is implemented in collaboration with the French company Lyzi, which uses the Binance Pay solution to process cryptocurrency transactions.
Printemps emphasized that the new feature opens up opportunities for more than 6.5 million cryptocurrency users in France. It provides fast, secure, and convenient payments, improving the quality of customer service.
Such a step could become an important milestone in the development of payment systems in the EU, where the adoption of cryptocurrencies is still lagging behind other regions of the world. It may also affect the regulatory policy of the European Union, encouraging the creation of more favorable conditions for the cryptocurrency business.
Bitcoin — the opportunity for a $2 trillion explosion!
The global economy is on the verge of a massive influx of liquidity. By 2025, the U.S. Federal Reserve plans to increase the global money supply to $127 trillion — an increase of 18% compared to the current $107 trillion. How will this affect Bitcoin? Such an influx of liquidity will create conditions for attracting large investments in digital assets. The potential influx of capital into Bitcoin could amount to $2 trillion, which could radically change the balance of power in the crypto market.
Whether it plans or not, this is unlikely to be reported in the newspaper. And the fact that the money supply will grow is obvious, especially since it no longer requires paper, ink, and printing houses.
Sasha why NOT
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Bitcoin — the opportunity for a $2 trillion explosion!
The global economy is on the verge of a massive influx of liquidity. By 2025, the U.S. Federal Reserve plans to increase the global money supply to $127 trillion — an increase of 18% compared to the current $107 trillion. How will this affect Bitcoin? Such an influx of liquidity will create conditions for attracting large investments in digital assets. The potential influx of capital into Bitcoin could amount to $2 trillion, which could radically change the balance of power in the crypto market.
Please tell me which platforms are "operating under the jurisdiction of countries where data protection laws are strictly enforced" I would like to try working with such.
MeowDolf Kitler
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"Cryptocurrency Transactions in Russia: Risks, Laws, and Personal Data Protection"
The new law on cryptocurrency in the Russian Federation caused a lot of panic, but concerns that international exchanges will start leaking data to the Russian tax service currently seem unfounded. Firstly, major exchanges like Binance or Kraken are not interested in cooperating with the Russian Federation under sanctions. They risk more from blockages by Western countries than from requirements of the Russian tax service.