July 6th 2021, Crypto Chartbook — Bitcoin prices are deceiving

  • Bitcoin has had 15 corrections in 12 years, just like this one.
  • El Salvador, Paraguay, Panama, Brazil, Mexico and Argentina are heading for full Bitcoin adoption.
  • Altcoins hype is losing momentum, and that money flows into Bitcoin.
  • Gold and Silver prices are still suppressed by big players, leaving room for Bitcoin to move.
  • Paul Tudor Jones increased his Bitcoin exposure from one to five percent.
  • Bitcoin has a 200% annualized rate of return over the last ten years.
  • Fiat currency’s value loss in purchasing power is rapidly increasing.
  • Bitcoin reached a critical mass with its 150 million users, that could quickly expand into the billions.

Bitcoin/Gold-Ratio, Daily Chart, Performance versus insurance:

Bitcoin in US-Dollar versus Gold in US-Dollar, daily chart as of July 6th, 2021.

BTC-USD, Daily Chart, Short term risk:

Bitcoin in US-Dollar, daily chart as of July 6th, 2021.

BTC-USD, Monthly Chart, Time on your side:

Bitcoin in US-Dollar, monthly chart as of July 6th, 2021.

Bitcoin prices are deceiving:

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