BTC target from this chart is $68,000, buy MSTR, COIN, MARA

Marcus_Web3
08-22

BTC target from this chart is $68,000.

  • Retest done

  • MACD Crossover done

Image

I recommend you to focus on Bitcoin shadow stock $MicroStrategy(MSTR)$ . As I strongly recommended before, long AI, long cryptocurrency.

If you can't buy cryptocurrency, you can invest in cryptocurrency-related stocks and ETFs, because Bitcoin has an extremely strong long-term upward trend.

In terms of supply and demand logic, Bitcoin output will become slower and slower, but demand will become more and more vigorous. Institutions and governments will gradually accelerate the inclusion of BTC in strategic reserves, and so will individual users, which will inevitably push up prices.

Bitcoin has recently dropped by 20%, and MSTR has dropped by 35%. Both long-term and short-term opportunities are good areas.

From the underlying logic, Bitcoin is essentially the best defense tower for global currency over-issuance. The government cannot control the desire to spend money, so currency will inevitably be over-issued, and Bitcoin will rise.

On a deeper level, BTC's decentralized design gives individuals unparalleled freedom value. For the first time, humans can truly get rid of the control of power (legal currency is essentially a form of control and exploitation) and realize complete free will.

Invest in BTC, Miners or ETFs?
Bitcoin and miner stocks are undoubtedly the brightest stars in the market with expectations of spot Bitcoin ETF brewing. ------------- Do you invest Bitcoin or miner companies or ETFs? Will you buy crypto assets now? Or wait for the approval of spot ETFs?
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Comments

  • wigglyz
    08-23
    wigglyz

    Bitcoin's target of $68,000 looks promising. With the MACD crossover and retest completed, the long-term trend remains strong.

  • happygo
    08-23
    happygo

    MSTR's recent dip alongside Bitcoin's drop creates a good opportunity. The long-term outlook for cryptocurrency remains bullish.

  • twinkle5
    08-22
    twinkle5
  • ClarenceNehemiah
    08-22
    ClarenceNehemiah
    Bitcoin to the moon
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