#Bitcoin is ripe for $200k.
Discussion
It's going to make that luxury car I bought near the bottom of the last bear hurt even harder.
#bitcoin
....based on the network, should be around 500k as we speak.
Without overly leveraged longs and radically naked shorts, they can't keep suppressing.
So long as we're treating it like an asset being plugged into a monetary system, as opposed to treating it like THE monetary system. They can keep this going forever as they print baby, print. Of course all this does is slow the inevitable and buy them time to figure out a move.
Don't love ripe bitcoin. Too sweet.