Bitcoin has a habit of dropping 80% and coming back.
But this time that might not happen because there is no one to stop it in the U.S anymore and China Has Bitcoin's back.
Part of their plan for world dominance to devalue the dollar.
Conversation
China doesn’t like Bitcoin because it will compete with their digital Yuan. It also allows people to circumvent their censorship and they can’t regulate it.
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In bull phases -- there have been three -- the corrections are typically 30-40% on the way up.
It's all about MASSIVE institutional buying now... this has left the retail trader in the dust if you weren't already in. The $XRP shakeout with the bullshit SEC lawsuit will be an even bigger transfer of wealth.
A female ex-coworker of mine was talking to me about bitcoin when it was at...$7500 and she bought about 7 1/2 bitcoin. Well played.
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I thought it was US's ongoing plan to keep the dollar down to compete







