So we're here again, right at the cusp of a massive
bull run for Bitcoin and the excitement is palpable.
For the past week or so the price of BTC has been
hanging around the 11k mark consistently. It would
appear that Bitcoin is at a stalemate between those
forces that usually works against it pushing the prices
down and the macroeconomic factors that are behind
driving the prices up. However, if you're a Bitcoin Hodler
there's no need to worry for this back and forth tug of
war between the bulls and the bears won't last for
ever. In the end, It all comes down to which driving force
is stronger and I can assure you that unless God forbid
some unforeseen external event occurs to cause otherwise,
I say the bulls are going to win this battle for lately they have
been getting bigger and stronger from feasting on Billion-Dollar
companies such as Microstrategyinc, Microsoft and Greyscale,
which seems to be a buffet of Private snacks or desserts.
A FEW OF GREYSCALES PRIVATE BTC INVESTMENT PORTFOLIOS
But enough of the food talk, you get the picture.
Judging by the slow but steady rise of Bitcoin over the past
several months coupled with intermittent days of consolidation,
it should be obvious to those who are paying attention
to the BTC chart that there is a good structure in this current
ascension pattern and BTC has now formed a very strong
foundation in preparation for a powerful move upwards.
I am expecting Bitcoin to break its all-time high sometime
this September and head towards 30K, but I have a feeling
that I may not be the only one who holds this bullish point
of view. San Francisco Trading Platform Kracken states that
historical data supports a huge incoming bull market.
And last but certainly not least, mainstream news outlets
such as Yahoo Finance published an article saying basically
the same thing.
With the aid of the Wincklevoss Twins CEO of Barstool
Sports Dave Portnoy bought $200,000 worth of Bitcoin
and $50,000 in Link just yesterday! He claims that has
now invested millions into Bitcoin and Link.
Now I wonder, can the bull signals flash any brighter?
