Look, there will be day-to-day vacillations, but the bull- case is mostly over until 2024, or so say several Bitcoin whales / early adopters, in a Cointeligraph article of Tuesday.
Mostly,though -- in truth -- this is just to put up a fine poem I ran across, whilst doom-scrolling on the notion of at least some of our own citizens backing Putin, over NATO, as they see money to be made in the markets -- by a quick knockout, in Ukraine -- achieved by Vlad.
I find that both sad -- and deeply. . . unpatriotic. So see my lower graphics, from earlier today, as well. Here's the bit:
. . .Du Jun, co-founder of Huobi crypto exchange, believes that the next Bitcoin bull run will not happen until 2024 and is likely to occur after Bitcoin’s fourth halving, which is expected to take place in July 2024.
All three previous BTC halvings, including the previous one that happened in 2020, triggered subsequent growth of the Bitcoin price due to a programmatic slow down in the new BTC supply. Occurring only once every four years, the upcoming Bitcoin halving will reduce the Bitcoin block reward from 6.25 BTC to 3.125 BTC. . . .
But I am convinced that Riot Blockchain may touch below $10 -- down to single digits, after its full year 2021 GAAP operating losses are disclosed -- in a week or so.
Be excellent to one another. Out, into a snowy night -- to shovel.
नमस्ते
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