Bitcoin : is this the end ?

By Sarra Geist | Cazanation | 27 Jan 2021


Anyone who invested in bitcoin only recently would normally feel a little bit scared of the quick rise and fall of this currency. 

Although when you take a larger, macro look at it. You can see two things. 

First of all, for bitcoin to die, a global magnetic shutdown should occur. Which means, maybe never ? 

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Second of all, the recent rise to 40.000$ during pandemic and us elections, might somehow explain the sudden fall right after inauguration ceremony. It is not separated from politics. Especially when big bears try to take their part of the cake. 

Now everyone is certainly doubting about if they should wait a few more days before the loss is too great to compensate. But, this is exactly what holdings and international companies are waiting for. Your next move. They are loving how you sell for lower than you bought a month ago. They wait for you to sell, so prices go lower and then when it hits their budget. They will take much more than you ever expected and push out of the table.

Don't complain because big boys take your pizza slice, when you thought that it was too cold. Pizza is still pizza, hide it even if cold, heat it then eat it (wait, wait, if Ethereum starts rising, don't miss it and trade )But dont be too late ! 

Bitcoin holders now are segmented in three different kinds. Small investors, medium investors, big investors. Which is like a typical capitalist stamp. 

Either bitcoin dies or survives is up to you. What you should do when you see the bear : freeze ! If the bear roars then you gather up together and roar even louder and make him leave. 

Bitcoin's death is when it will not be decentralized anymore. 

Although there are two probabilities : it is either a patience test and prank for the weakest to leave. Or it might be a major shift of interest towards another coin.. and my hint is Ethereum... 

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What do you think about the recent and past evolution of Bitcoin compared to other currencies ? This is my own personal analysis and point of view, do not feel the need to follow any advice. I am an economist, a thinker and artist, yet not a trader or a finance expert. 

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Sarra Geist
Sarra Geist

Chief Editor of Cazanation magazine. Writer. Fr & En copywriter. New tech and crypto enthusiast. I love to write! That's my thing


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