Sooner or later 45K resistance will fall... I prefer sooner
P.S. The things are starting to look better for
BTCitcoin. Even better than 2021, when we rejoiced at the first signs of mass adoption. Now it is rapidly becoming a reality. 1. If this is the worst bear market in the wake of a possible Apocalypse, I can't imagine what a bull market will look like. There are several new catalizators for this:
1. SEC can't indefinitely deny spot ETF's. If they are not hypocrytes, they should approve Grayscale ETF. They can't even count the letters in support, let alone defend their nonsense denial arguments.
2. This UST thing with a Bitcoin backed stable coin at first planned to buy $1.2Bil
BTC's in the next weeks. And they put their money where their mouth is - $250mil were already spent and probably that we see now is the next batch. Now they state in twitter their goal is at least $10B. And these
BTC's will be removed from US exchanges and locked into their platform, like Grayscale.
3. If banks offer loans backed up with
BTC's, or even better - a proof for owning
BTC's, this means no need to sell anymore. And this is game over -
BTC has won the battle with bankers, shorting companies, Western Union, etc.
4. For the citizens of countries close to Russia, it is better to keep most of their savings in
BTC's, than to rely on the cash, deposits, real estate, etc. I mean, "better" is a weak word. It may be a life saving decision!
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