btcusd more and more like break out in 2020 Jan or May
Next week we will see where we are A or B
This is break out like 2020 Jan or May it is still and indicator of a new bull rally with even more potential gain up to 5x BUT
The question is to FOMO now at 51k CASE B
Or there will be another 50% crush CASE A before the real rally.
Taking into account that tomorrow ElSalvador will start the use of Bitcoin as official payment and most possibly there will be a lot of problems, bugs, like it is in case of any innovation.
I am more than sure many big money maker will fight to discredit the bitcoin use in ElSalvador - simply selling big amout of all possible cryptos to create panic.
So I think we will have a good chance to enter at -50% discount in September.
But it is 50/50 Chance, so I am 50 in FIAT and 50 in Crypto.
FIAT I need only in case the DIP happens, otherwise I will FOMO if price will stay around 51k all the September, as of it will mean CASE B.
This is break out like 2020 Jan or May it is still and indicator of a new bull rally with even more potential gain up to 5x BUT
The question is to FOMO now at 51k CASE B
Or there will be another 50% crush CASE A before the real rally.
Taking into account that tomorrow ElSalvador will start the use of Bitcoin as official payment and most possibly there will be a lot of problems, bugs, like it is in case of any innovation.
I am more than sure many big money maker will fight to discredit the bitcoin use in ElSalvador - simply selling big amout of all possible cryptos to create panic.
So I think we will have a good chance to enter at -50% discount in September.
But it is 50/50 Chance, so I am 50 in FIAT and 50 in Crypto.
FIAT I need only in case the DIP happens, otherwise I will FOMO if price will stay around 51k all the September, as of it will mean CASE B.
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