Can I get the 13401-13450 spot?
With most of pleasure !
Thanks!
It is likely a bit on the high side but it's possible mostly because everything in Bitcoin is possible.. I'd also rather bet the high side than the low side especially right now..
As theymos said..
the US/worldwide economy looks fine for now on its surface, fiat inflation isn't a widespread concern, etc. (BTC also has fundamental value beyond its value as "gold" -- a hedge against inflation and fiat collapse --, but this is a large component of the price currently.) So absent any major news, I think that the trendline is slightly downward for now. ("Major news" would be mostly regulatory-related, such as an approved BTC ETF or increased regulatory pressure. Probably the downside risk is higher than the upside risk here.)
Well Iran is happening right now and I have been watching their prices on localbitcoin for the last few days since I saw it mentioned in the WO..
Right now about the average is 1.15 Billion IRR pesos to 1 BTC and 1 Billion IRR pesos is a bit over $30,000 USD according to google.. Up from yesterday iirc it was about 1.05 Billion irr/btc.. Up about another 10% in the last day..
https://localbitcoins.com/buy-bitcoins-online/IRR/BTC=<$30,000 against IRRs right now by the looks of it..
So there is basically your "inflation and fiat collapse" which is only going to get worse if this ominous message has any merit to it, and balls behind it..
And their seem to be calls across the world for "muslim nations to unite" I'm assuming against the US..
So
if shit goes down I expect BTC to go up.. The US fed has also been pumping hundreds of billions of printed funny money into the repo markets.. Or "half a trillion dollars"..
Which shows me some instability for the US aswell..
If Bitcoin is any good at all, global unrest is exactly what it is designed for..