Interesting pt re gold and btc. the usa holds around 8000 tonnes of gold in reserve which at current prices would just about buy all the btc in existence..(if people were to sell ofc )
1 thing btc defn has going for it is the marketing side.. every crypto holder /you tuber is on the same team..they all want btc to go up . And they compete for clicks with making ridiculous predictions like 200k in 5 yrs.(.that they said 5 yrs ago..) when you've got the whole crypto community talking up btc it certainly gets it running when its in 1 if its runs.
whether this run finished at 68k ish and if so where is there bottom of this run ..are we gonna see another 80-90% drop like its done after every 1 of these runs or will this time be different? All the crypto you tubers etc will tell you its going to 200k im next 2 or 3 yrs..but that's what they always say..that's just marketing imo
