Growing evidence that Bitcoin bottoms in the $50's.
I've said all along.
$50k required
$15k possible
That part is still unknown. But for those who can stomach another 60% down and a couple years o...
If we go to 15k or stay around this levels for a couple of years Bitcoin would be one of the worst assest to hold for NGU, you wont even beat inflation
Bitcoin has to at least beat inflation in a long timeframe to be a useful assest, if you are right Bitcoin would eventually die, you need it to be descentralize, secure and a decent NGU. If one of those fail, it dies
https://primal.net/e/nevent1qqs0pl5wxf8smqssf3kqfwnuh9tkj4synf48vduhcfnhvl63gllqyvgppeawh
Bitcoin has to at least beat inflation in a long timeframe to be a useful assest, if you are right Bitcoin would eventually die, you need it to be descentralize, secure and a decent NGU. If one of those fail, it dies
https://primal.net/e/nevent1qqs0pl5wxf8smqssf3kqfwnuh9tkj4synf48vduhcfnhvl63gllqyvgppeawh
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