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In the past 24 hours, the amount of money the market makers took from liquidation reached $220,510,783 (220 Million). #N4G
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Educational video: How to draw Fibonacci Retracements, Fibonacci expansions, Fib Extensions (Part1)
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Educational video: How to draw Fibonacci Retracements, Fibonacci expansions, Fib Extensions (Part2)
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Don't worry, #Bitcoin is just going to liquidate some 5 Billion in shorters money, just lying in between the price 103,000$ - 111,000$ . Don't forget to follow for more updates. $BTC #N4G
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Why the US will adopt bitcoin vigorously in the next 4 years at least? U.S.A has a large deposit of 200,000 BTC lying in their pocket, and with 36 Trillion dollars as national debt, the USA could use all the money it can get it's hands on. Embracing bitcoin will only lead to a surge in the price that could surpass 250,000$-500,000$ easily or even more than that. I know it's a dream that can hardly be reached, but it's not impossible. All the U.S.A has to do is to treat Bitcoin like bonds or just any asset under it's command and start trading globally using bitcoin, (N4G wrote this first on binance square) enforcing bitcoin as a payment method for it's goods, and it will attract bitcoins by the hundreds of thousands. Now, i don't believe the U.S.A will try to acquire millions of bitcoin in it's reserve as this would be a bad move owning even 10% of the supply alone,(N4G wrote this first on binance square) they need to keep bitcoin in everyone's reach so that everyone can fight over to own bitcoin to gain access to the U.S.A markets. But lets say the U.S.A will own 1,000,000 in those 4 years term, and if the scenario mentioned in this post occur and BTC reaches 500,000$ in 4 years. that's 500,000,000,000 (50 Billion dollars), add to that, the amount of money that will be poured into their economy as most of the crypto industry resides in the united states, so the outcome will be more than great for them. You read this first on #N4G
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