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Yes, Bitcoin (BTC) is still above 9,000 USD today, July 17, 2020; more specifically, the BTC is trading at $ 9,165 at the time of writing. Positive than positive: a little review of a few tweets that show life in pink, or should I say in green. But the optimism exacerbated if it is not proof of a naivety that one forgives, it is that of a narcissistic madness of which one laughs. Should we still raise the red flag on the BTC market after Josh Rager’s analyzes of the process that leads to Bitcoin’s bull run? Because in the wonderful world of Bitcoin, red equals green (?).
Pub
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If it is not optimism, it is madness!
The CEO of Binance, Changpeng Zhao, spoke today on the hack de Twitter, a hack he calls “Positive for cryptocurrencies in general.”
CZ first felt honored to have had his Twitter account hacked, a confirmation that his name would therefore appear alongside those ofElon Musk or Bill Gates.
This great cryptophile wanted to make things clear:
- It’s not Bitcoin who is hacked is Twitter;
- That’s not a Bitcoin scam, the BTC has scammed nobody, it’s a scam aiming to obtain Bitcoins ;
- Scammers want Bitcoins given their value.
This hack participated according to CZ, to the promotion of Bitcoin, cryptocurrencies in general – there is no bad advertising, there is only advertising.
It’s good to be back on Twitter. When @Twitter is not working, I can’t even tweet to complain about it. Appreciate @jack and team restoring the accounts quickly.
A few thoughts on this incident. 1/n
– CZ Binance (@cz_binance) July 17, 2020
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Lastly, on a personal note, feel privileged that my account got hacked before all the famous people above. How often do I get that? But next time, I’d prefer to go second. I was crazy worried until the 2nd guy came along. ???? Stay #SAFU. ???? – CZ Binance (@cz_binance) July 17, 2020 –
Still in the ranks of optimistic tweets, we have that of PlanB : Mr Stock-To-Flow de BTC publishes its graph and reconfirms its forecast of Bitcoin at 288,000 USD. Pub #bitcoin stock to flow cross asset model (S2FX) .. with silver, gold, diamonds and global real estate. Formula BTC = exp(12.7)*S2F^4.1 and $288K forecast unchanged. Article with details, explanation and sources forthcoming. pic.twitter.com/cS6YZvPem3 — PlanB (@100trillionUSD) July 16, 2020 –
After the optimistic tweets, make way for one that is more like madness, more precisely the madness of grandeur. July 17, 2017, John McAfee had bet on a Bitcoin to 500,000 USD before bidding on a Bitcoin to 1 million dollar, by the end of this year 2020. Bitcoub’s low of $1,800+ yesterday simply could not be maintained. In the long term Bitcoin moves above $500,000 within three years. Bets? — John McAfee (@officialmcafee) July 17, 2017 –
When I predicted Bitcoin at $500,000 by the end of 2020, it used a model that predicted $5,000 at the end of 2017. BTC has accelerated much faster than my model assumptions. I now predict Bircoin at $1 million by the end of 2020. I will still eat my dick if wrong. pic.twitter.com/WVx3E71nyD — John McAfee (@officialmcafee) November 29, 2017 –
You know the betting stakes ; finally the old John preferred to withdraw arguing that it was just a publicity stunt but in reality, he just had the balls or rather afraid… to lose them. Okay, red it depends on the point of view because, for Josh Rager we’ll have to dive even lower to be able to start the bull run: we should therefore be delighted with a sharp drop announced for Bitcoin. L’Bloomberg GTI indicator has sounded a bearish alarm signal for the first time since the beginning of June 2020. Matt Maley of Miller Tabak + Co defines USD 9,000 as the pivotal level for bulls; a break in of 9,000 USD would increase the downward pressure. And a drop below 8,600 USD would simply raise the red flag. Pub We forget for a moment the 10 000 USD and we watch for the lowest because it would be the way to go. And if you only want the positive in your cryptophile life, then follow profiles like CZ and get rid of those similar to that of Peter Schiff. Your blood pressure will be grateful. Litecoin, welcome in the Silver Age —-
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A red flag for Bitcoin
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