Well friends! So the very important week for Bitcoin has ended. Right now the price increase for 7 days was 29%, and that of the ether 34.5%, at the same time, the fall of the main stock indices, taking into account trillions of injections by the Fed over the same 7 days, amounted to 20%. Bitcoin passed the first serious test in the era of the global crisis, which was unparalleled in the entire history of bitcoin. Moreover, it seems that he even gets rid of oil and gold. Gold for the last 7 calendar days is also in the red. Oil continues to fall. Analysts, according to Bloomberg, predict the fall of the West Texas mixture to $ 15 and the fixation of this price until the end of 2020.
This will virtually wipe out all of America’s shale oil production. The United States is now intensively buying up all available and available oil in its storage facilities, and the price of freight for oil tankers has already increased 10 times.
Now a decisive test is coming for Bitcoin and other cryptocurrencies. If in the coming days it cannot be shed below $ 5,000, then we can talk about the emergence of a fundamentally new world reserve. Which is also not subject to sanctions, judicial arrests, foreign exchange controls and other risks inherent in other assets, including gold.
What do you think about this? 🤔
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