Bitcoin’s 19th Doubling

Bitcoin Doubles

Source: ByteTree.

The Bitcoin Doubling Counter

Source: ByteTree.

Stimmy Checks Showing Up

Source: ByteTree. Heatmap.

The Cloud Over Tether

Counterparty Risk — Pre-2020

Tether’s Peg — Pre-2020

Source: Bitfinex. USDT/USD chart.

Unbacked Circulation — Pre-2020

Bitcoin Risks

  1. Mainstream media have noticed that Bitcoin is not dead and doing rather well.
  2. There is a bull market in newly qualified Bitcoin experts.
  3. Volatility is back to high levels which will discourage institutional investors.
  4. Price is over-extended from short and long-term moving averages.

Bitcoin and Gold in 2021

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