The only thing I know is that it won't do what people expect. If you see a lot of shorts coming in at $45k, it will probably go over $50k. If you see it run through $45k and a bunch of longs get in, expect another liquidation sale back down into the $30s. In the meantime, I'm just stacking those sats. Momentum is continuing to build on a global level. It may not seem like it being that we're on the inside seeing things daily, but I think from a broader perspective, it's undeniable.
Just look around. El Salvador, CityCoins, US tax code changes, India laws, etc. They are all signs that the world keeps picking away at the things holding us back and they are crumbling one by one.
To be honest, my biggest "fear" continues to be a Black Swan event from the Chinese/Russian governments. Maybe a massive EMP from space they've developed or those Sonic weapons they used in Cuba. I'm not saying something like that is imminent. I just think there's more to the Chinese kicking out the miners than meets the eye. Like, they know they can cripple the network somehow and want to make sure they don't have too much exposure to it. Just my thoughts on it...
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EMP would be the worst thing of the options you listed. Worse than the EMP would be a CME (coronal mass ejection) from the Sun which hits Earth and fries the worldwide electrical grid. Cryptocurrency then goes "POOF!!" and those holding precious metals would rule. And guess who has most of the precious metals? Asia plus European Russia.
I'm not saying things will go that far, but it's why I keep saying "Both...and..." when it comes to crypto and precious metals. Turning it into a "...versus..." or "either...or..." situation is a mistake.
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Sounds like something from a sci-fi movie but scary never the less. Let's see how things pan out during the course of the year.
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