After This Event, Bitcoin Can Truly Hit $100,000 Or Much Higher

26 באוג׳

I was thinking about the current situation and what we can do to support all those people that are about to have a sudden wake-up call, a hard nudge from their current mindset and position...

How are you feeling today my Bitcoin enthusiast and Cryptocurrency lover?

While we can find ourselves head-to-head, face-to-face with other humans with opposing views, let's not forget that once upon a time, not so long ago, we were in the exact same position.

What positive can we extract from the situation that is about to develop?

For once, the market will remove the large amount of over-leveraged positions, which is always bad news. Too much leverage indicates lots of greed and lots of greed indicates a very bad state of affairs.

As Bitcoin moves lower, this will truly help many people open-up to new realities, vistas and ideas. The market always gives great lessons and this will be a lesson that will surely be remembered for a lifetime. God knows if some people remain so deeply affected that they will carry mental samskaras even to future lives.

Anyway, lower prices will allow the entry of hundreds of thousands if not millions of new people waiting for the market to go back to reasonable prices so that they too can participate. While we love a strong growing Bitcoin, we want the market to grow and the market can only grow with new participants. There has been no new nothing for many months now. The volume has been dropping, the sentiment is bland, null, negative. The interactions... Have you seen the type of conditions in which we find ourselves?

The positive is the reset. We will go through a strong reset.

Let's make an analogy; imagine that the bullish phase was like a huge party and as prices grow we were all getting drunk. Now it is 5-6AM in the morning, we ran out of alcohol, we no longer have any music and the party is shutting down but we continue with the same party mentality and look for one more drink before calling it quits. The neighbors are pissed and tired and already called the police. The party is over and we are about to be escorted home.

This is the situation with Bitcoin, it is already pretty late and the final call is far, far off... We are about to experience the final drop of the corrective phase.

After this drop is done and over, we will experience a nice and long recovery and a major, beautiful and strong bull-market next.

People will wake-up and we will have sanity once again.

It doesn't matter on which side you are on... Once this is all over, you can count with our continued support. We are here long-term.

Thank you for reading.

Prepare for the crash.

This is the last warning.

Namaste.