Damus
HoylesPattern profile picture
HoylesPattern
@Hoyles Pattern
Bitcoin - Next Stop USD 128k to $130k
#bitcoin #money #economy
The wheels are turning after the latest Executive Order in the US which opens 401k’s to digital assets through ETFs and the like.

We seem to have an early July 25 pattern forming that saw a USD 16k jump in the BTC price. Accordingly, this could lead to USD 128k - 130k top and then a pull bak to USD 120k as the price consolidates again.

Whereas I am sure we all hope for peace in Ukraine/Russia and the Middle East, I do not hold much star on the Trump/Putin meeting in Alaska. This may mark a turning point in the BTC climb as the world re-assesses risk and may see a move back to traditional assets such as #gold

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