$BTC crashed to $49,000?
What?
Yes.
It’s now trading below $67,000 and looks set for another low this week toward the $58,000 zone. There’s no major USD economic event scheduled, but one piece of news could impact the market — the Clarity Act.
~Will it pass? That’s still uncertain or For me Not this time.
~Impacts? Negative for the market!
Banks are trying their best to protect the traditional system by limiting crypto use cases in their favor. The old banking system is full of flaws — but does that mean we need a gold-backed system where supply isn’t limited?
Is that even a fair deal?
Every system has its time. Either traditional banking adapts and accepts the real use case of cryptocurrencies — or it slowly fades.
What’s your opinion on this?
And what about BTC’s drawdown — another bottom before a new high at $126,000?
Drop a "LIKE" and stay tuned. I’m back in full mode.
$PIPPIN crash🤝 got it!
$FOGO with a surge....