Hello Padawans,
If you are confused with my title, I won't be surprised.
first, do not take this as a financial advice. I do draw charts as an art.
I believe in Bitcoin.
Bitcoin is created to store value, survive inflation. Now it has become an asset to the world.
The supply is limited to 21Million.
I see a small amount of inflation here due to mining, but we cannot count it as inflation.
We still have 200million users in this cryptoverse.
countries started accepting BTC, Global multi-billion companies started looking into cryptocurrency.
This is digital gold. I see this bitcoin as an undervalued asset.
We still have more than $2 trillion of the total cap in here. The bulls are ready. Institutions are trying to shake weak hands and get a discount price for #BTC.
How did I predict the $123000 level technically?
My 1.6 Fib level is situated at the $123000 level, but $100000 would be psychologically affected to this crypto world.
Will see what will happen,
Cheers.
may the force be with you.