Happy ATH yes, BTC(USDT) reached the all time on 29th october.
Why everyone is so excited ?
Not for the monetary positive results, but for the meaning underneath.
We, the blockchain enthusiasts and crypto world.
The world is oing against us, but we responds well. I am aware of the strong impact that ETFs, CBDC and institutional entites are playing in the last months, all over the world. Europe has changed course, keeping a classical conservative position and restrict cryptos transaction and adoption, and apply illogical taxation.
The US is pormoting the new financial world, but in a election context, everything which permits vote to growth is a good investments, what will happen when the new president will be elected is still a question mark.
On the other side of the world, governments have adopted a proactive position, giving signs for a wider adoption and a favorable law condiction to permit a wider knowledge diffusion. The main concern to me is that few countries are already leading campaing and informative promotions to spread the knowledge about the whole topic, which is something people, especially the future generations, must to know. And we will find ourselves in a condiction of huge disparitive and informative asymmetry that will led to a economic deficit both under a systematic and financial side.
So this All Time High has an important weight in the today economic and financial landscape, beside the simple monetary result.
What's next?
Let's analysise in the following chart idea.
Your M-
