as i mentioned earlier today my three predictions happened
gold dropped when it opened
silver dropped when it opened
btc went up with the gold and silver markets opening
seems obvious that the ten plus countries near iran 🇮🇷 do not want to hold physical items as they have zero protection from missiles.
we may now see a huge shift from metals to btc.
making four cycle believers weep in sorrow for dumping coins last fall.
as always or not.
but jjg does say btc is 1000x the value of gold.
JJG also says that it could take 50-200 years for the market prices to reflect true value...
Sure, it is possible that there could be some world/macro events that help to accelerate more accurate valuations, yet I am not going to hold my breath - which surely might suggest that I don't get too excited about short term charts... even though directionally there might be certain times like our current times in which bitcoin's non-physicality is being appreciated by the market - not that miners (or their machines) are non-physical... but yeah, if such machines are scattered around the globe, then surely transactions can be made without such physicality levels.
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