Why Is Bitcoin Stuck At $95,000 ?

4 Des

I was re-reading a book by an economist,
that was talking about, the cause of inflation,
the deflation and money printing

that had occurred in 2008,

Listen in 2019 the US Unemployment
rate was 3.7%

today in 2024 the unemployment
UNRATE
rate is 4.1%

as you can see from that data
that it has increased.

this is showing that something
is broken in the US economy
which is spelling trouble

for the global economy at large.
Also in South Africa there is
a savings rate of -1%

Compare this to the US
which has a savings rate of +4%

this is why South African's have
more incentive to save foreign currencies
such as the dollar

The British Pound has a savings
rate of about +10%

All these numbers are
economy data

Here are the top 3 savings rates:

1. USPS
2. ZAPS
3. GBPS

Now how does Bitcoin fit into
all this?

What is the yearly performance
of Bitcoin? BTCUSD
if you buy at the right price?

Look at the parabolic dots
on the chart

you will see that they are
below the price

And if you look back to November
the last time this parabolic was below

price the Bitcoin
performance shot up!

The time to get in
is now.

Also the Price of Bitcoin
is following the rocket booster

strategy to learn more

about this strategy check out
the references below.

Rocket boost this content
to learn more.

Disclaimer: Trading is risky
please learn risk management
and profit-taking strategies

Because you will lose money
wether you like it or not.

Also use a simulation trading tool
before you trade with real money.