BTC target from this chart is $68,000, buy MSTR, COIN, MARA
BTC target from this chart is $68,000.
Retest done
MACD Crossover done
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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.
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Bitcoin's target of $68,000 looks promising. With the MACD crossover and retest completed, the long-term trend remains strong.
MSTR's recent dip alongside Bitcoin's drop creates a good opportunity. The long-term outlook for cryptocurrency remains bullish.
Yeah yeah buy $Coinbase Global, Inc.(COIN)$