Trader logo

Dump Bitcoin Movement Continues

Stars Aligning For Silver And Gold

By Paul GuadagnoPublished 3 years ago Updated 2 years ago 3 min read
1
Gold Up - Bitcoin could go down

Update: June 20 2022

This article written in 2021 ended up being accurate about Bitcoins weakness, now trading around 20k

Jan. 23 2022 Update - just 3 months after this article was originally published, Bitcoin is down to trading around 35K. Down about 50% from last all time high !

Dump Bitcoin Movement Continues !!

The next six months will be a total game changer based on what crypto owners think will happen.

Most Bitcoin holders are so secure in their beliefs , that they hardly ever worry about the price going down after it rebounds hard off the bottom. This time could be different !! Why ? There's a lot more interest being generated in Gold and Silver right now, because of the reality of inflation. Bitcoin tries to act like an inflation hedge, but it really isn't !

I would keep a close eye on weekly or monthly charts comparing percentage gains of Gold and Silver to Bitcoin. You may very well see a surprising difference !

New Gold and Silver buyers are starting to wake up to the Feds deceptive narrative ! More and more mainstream investors will start buying gold and silver over the long term. This precious metals bull market is just beginning. If you think the price of silver and gold are high, you better think again !

Regarding article below:

Gold had already rebounded rebounded all the way back to $1800 by the time Kitco Gold released this article !

Gold and Silver buyers are no longer falling for the Feds false narrative !!

Both of the above articles came out on the same day ! If you can't see the gigantic contradiction here , you really are blind !!

When information is reworded then, redistributed just minutes later, you know that they (The Fed) and the Media are trying to manipulate financial markets !!

Regarding The Future Of Bitcoin

The Above article confirms what I claimed in my first "Dump Bitcoin Campaign" article.

The Stars Are Beginning To Align For Gold And Silver

Refer to article below:

All signs in the markets are beginning to shift towards the reality of strong inflation. If precious metals can rally a little at a time for more than just a few weeks, we might be shifting into a new longer term investment paradigm. Im pretty confident that the total stock market will remain weak for an extended period of time, as it has been top heavy for a while now. I think the real test will be, if the bigger money in Bitcoin begins to start exiting slowly. If this starts happening, the price will become more and more top heavy. And pumpers won't be able to hold that frequent green in the price nearly as often anymore. It will likely happen slowly because big sellers won't want to scare away potential buyers at the current price.

Paranoid buying

This is what I believe is going on with certain assets. Over the last 3 or 4 weeks , there’s been an obvious attempt to push certain investments much higher all at once to garner attention and sucker more people into buying the stock market as a whole , bitcoin, and other stocks that I have been watching that pumpers will consistently buy no matter what the news is . Other buyers will always fall for it , as long as the price is going up. It's called FOMO. "Fear OF Missing Out"

It's been the most noticeable in Bitcoin. This always seems to be the case when a strategic pump occurs.

We are now at a point where you have to ask yourself, have the Bitcoin activists run out of reasons to get others to buy it ? The most recent rally occurred on a build up excitement over the new ETF . That was a long time coming for Bitcoin holders. What will be the next catalyst to try to push the price higher ?

Like I said before, this thing can't last forever.

investing
1

About the Creator

Reader insights

Be the first to share your insights about this piece.

How does it work?

Add your insights

Comments

There are no comments for this story

Be the first to respond and start the conversation.

Sign in to comment

    Find us on social media

    Miscellaneous links

    • Explore
    • Contact
    • Privacy Policy
    • Terms of Use
    • Support

    © 2024 Creatd, Inc. All Rights Reserved.