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JUST IN: Bond investors believe a Trump win could benefit 🇸🇻 El Salvador’s Nayib Bukele. They think Trump could unlock billions in funding for El Salvador from institutions like the IMF, which have been hesitant to lend to a country using Bitcoin as an official currency. #Bitcoin #BitEagleNews
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JUST IN: 🇩🇪 German government puts out press release covering their "market-friendly sale" of 49,858 #Bitcoin. It states, "the sale of assets even before the conclusion of ongoing criminal proceedings is always legally required if there is a threat of a significant loss in value of about ten percent or more. These conditions were always met with the volatile Bitcoins due to the enormous and extremely fast price fluctuations." "From the beginning, less than one percent of the market volume of Bitcoins was regularly traded over 90 percent over the counter in a market-friendly manner. On this scale, there is no direct influence on the Bitcoin price." #BitEagleNews #BullRun
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The reason you lose is because you buy late. It’s that simple. Stop buying when coins have gone viral. That’s stupid. Even viral advice is often stupid. “Follow your heart” or “only do what you love” is the most viral advice, But it’s absolute bullshit. You’ll only end up as a drug addict if you only do what you love. #Bitcoin #BitEagleNews
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JUST IN: 🇵🇾 Paraguayan authorities seize 450 Bitcoin ASICs from a warehouse, joining 🇻🇪 Venezuela with +10K ASICs seized each this year. #Bitcoin #BitEagleNews
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In terms of the bigger picture Bitcoin has made a very obvious bull flag. Continuesly going back and forth from the top of the channel to the bottom and vice versa. At some point this channel will break to the upside like most bull flags do. This could be one of those times imo. The upper band won't last forever and higher targets are imminent 🤝 #Bitcoin #BitEagleNews
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