dondanicorleoni

BTC Mid term trend

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BINANCE:BTCUSDT   Bitcoin / TetherUS
Right now BTC is in an akward position, even tho we can see a correction, BTC momentum right now at the markets is pretty strong, we may see more companies and even goverments and banks Joining the BTC acceptance campaign due to it's natural public acceptance, at the end of the day you need to offer to the public what the public wants, If we see a major adoption we can expect a company such as apple convert part of their cash to bitcoin or just accepted it as payment, we would see an increase in momentum not only for retail investors but to other payment services providers doing the same or companies such as amazon accepting cryptocurrencies as payment, they do not need to have BTC on their ledger but they can accept it and if they do they would add value to the network. Remember that apple has over 1 Billion customers all over the world. This is Just part of the momentum don't take it as a fact. This is just a momentum remark. I still think a healthy correction is close. I still believe the momentum is pretty strong and lets remind our self that Asian traders right now are numb due to their celebrations once their back we may see a huge cash flow entering the markets propelling BTC to an all new time highs. For last BTC futures expiring on 2/26/21.

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