It does not matter when I hunt for Bitcoin news I always find positive and negative articles to read. I like to personally spin the positive.
So China miners are dumping their Bitcoin and Eurthium GPUs. Not surprising as the state continues its crack down. Even blocking some exchanges including Bianace. Apparently people in China had to use VPN to access for a short time.
We saw what stimulus packages during covid19 lockdowns did for the markets. Japan may or has restarted with this and if the Delta variant continues at the rate it is more countries may have to follow.
I read a lot of analysis of stuff with highs and lows and death crosses and other stuff. But to me that is all self fulfilling proficy. I personally like to try and relate what is going on in the world with how the markets will go.
If you been reading this series I been writing you know I am bullish on Bitcoin by the end of the year. And every day I am more so. The world might be going to hell in a hand basket again but to me this is good news for crypto.
Bitcoin is a great store of value just like gold. And once the panic is over about the current drop (still way up for a year ago). Up to new ATH.
Then Hive, Leo, Ctp, and the rest tokens we love should follow suit.
Bradley
