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2024-05-09 11:00:11

_Foresight on Nostr: Bitcoin motivation for today: #Bitcoin $BTCUSD Morning motivation: In 2021, the bull ...

Bitcoin motivation for today:


#Bitcoin

$BTCUSD Morning motivation:

In 2021, the bull run surged on the winds of historically low US interest rates and post-pandemic stimulus, reaching a crescendo at $69k. Fast forward to 2024, amidst soaring interest rates, stubborn inflation, sluggish US economic growth, and the ominous specter of multiple conflicts. Despite these formidable headwinds, the bull run persists, peaking thus far at around $73k. With such adversity, it’s understandable why respected voices like Capo or Datadash may have predicted a plummet below $12k. Yet, against all odds, here we stand, the market maintaining a resilient range between $55k and $65k.

The point is….

In the realm of finance, Bitcoin stands alone, a sovereign entity untethered by mortal constraints. It bows to no ruler, answers to no master. With its own code of conduct, it defies the conventions of corporate hierarchy, boasting no CEO, no shareholders, no quarterly reports. Its value, a testament to the eternal dance of supply and demand, transcends mere manipulation, for every transaction, every deed, is etched indelibly upon the ledger of time. In its realm, there exists no shadowy dealings, only the sanctity of privacy within a transparent system. For those who use such a system for nefarious acts finds their sins exposed to the entire planet; their actions forever etched in an eternal ledger. Then, it is no wonder that governments, with all their might, tremble in its wake, for against this force of nature, they find themselves powerless to act.

The bull is coming….patience is key!
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