RE: RE: This is just a breakout and re-test for Bitcoin
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RE: This is just a breakout and re-test for Bitcoin

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6y

People are starting to get worried about big brother bitcoin.

This is the dumbest thing in the world. If Bitcoin drops to $7,000, who cares? It has shown its resiliency over many years to always bounce back. If we look at things over a period of time, we see more hashrate (even if it fell off for a while) and wallets being opened up. The number of wallets holding BTC keeps growing and, now, we see a ton of BTC on Ethereum being staked.

I am far from a Bitcoin maximalist yet feel it is insane to question where it is going. In a digital world where people are more immersed in the "virtual", a digital store of value is required. BTC appears to have moved into this space nicely.

Many do not believe in charting however it is hard to argue against "higher lows" which BTC showed over the last deade.