BMR for 4th Dec 2021 - Weekly update - WHAT!

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HOLY MOTHERING FUCK!

So you know the first thing I had to do was search for a reason for the giant drop. As you will see it was basically all crypto but for some reason Hive side chain tokens held. That says something BIG.

The source for the quote below: Bitcoin Plunges Over 20% in Another Sign of Global Market Nerves.

"The swings in cryptocurrencies come amid a volatile period for financial markets. Spiking inflation is forcing central banks to tighten monetary policy, threatening to reduce the liquidity tailwind that lifted a wide range of assets.

The omicron variant of the coronavirus has also led to risk aversion over concerns about what it might mean for global economic reopening."

So, do I still believe in 100K Bitcoin by the end of the year? I would put it at a 50/50 chance. Hopefully all the people that needed to liquidate did so and the long term lookers will come in and pick up deals. Remember in the history of markets they are always up over the long run. And as I believe Crypto is the future of the human race. Well enough said.

I just hope I can pick up some Bitcoin before it rises again.

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Now the good news. Hive side chain tokens. Fantastic stuff!

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2020

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Small price adjustment to my release price of BBH. Up to 0.00026 from 0.00024.

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2020

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2019

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Have a great day all.

Bradley

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6 comments
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Hello dear friend @bradleyarrow good afternoon
It is a pity that this is happening just in the last month of the year, I think we must rule out that bitcoin will reach US $ 100,000 as we all assumed.
Enjoy the weekend

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Because this is such an awesome post, here is a BBH Tip for you. . Keep up the fantastic work

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Honestly I don't pay much attention to the price swings of BTC, but fantastic to see HE tokens doing well despite this drop, have an awesome weekend and stay !ALIVE

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