My Actifit Report Card: August 11 20240 - Toby From Crypto Tips Bullish on Bitcoin

I almost forgot to post yesterday's report! Toby from Crypto Tips is back today with his thoughts on the economy and Bitcoin price. Check out why he is bullish!

Toby starts talking about the things the US government must manditorily pay each year is more than what comes in, so deficits will continue. That makes fiat worth less and Bitcoin can hedge that.

Next Toby talked about bearish economic news. He thinks ETF buyers like Blackrock will sell at a 2 or 3X which will bring the next bear market. That tells me to sell when Bitcoin is around 100K and buy back during the next bear market.

Finally Toby looks at where Bitcoin has been 1 year after each halving and he sees the big pumps in the past which makes him bullish that it will happen again. Maybe it will but no one really knows. Be careful with any investing you may do!

My Activity

wasn't that much. I had family over so I did not get out to walk. But I did go to the pool earlier in the day and got some good exercise and movement that way! But as usual I didn't have my phone on me in the pool so that movement went unrecorded.

I hope you're having a nice Monday! :)

This report was published via Actifit app (Android | iOS). Check out the original version here on actifit.io

Daily Activity