On a recent trip to England, I had the pleasure of meeting and hanging out with rising crypto YouTube sensation, Brian the UK Bitcoin Master. Not only that, I got to strap in and hang on, as Brian demonstrated the exhilarating acceleration of his cool, black Mercedes Benz convertible. Nice.
Brian is as decent a bloke as you'll meet. A friendly, honest, salt of the earth kind of guy, who is passionate about Bitcoin, his family and living life to the full. The way he presents on his, Bitcoin for Beginners YouTube videos is the way he comes across in real life. Genuine to a fault. When it comes to Bitcoin, Brian's philosophy is simple, yet powerful... Buy some Bitcoin from a reputable exchange, such as Coinbase. Get it off the exchange and onto a hardware storage device (his preference is the Trezor). Get on with enjoying your life and wait for the halvings (an event every 4 years where the number of Bitcoin mined in each block is halved) to see the value of your BTC grow. For Brian, Bitcoin is a savings account that anyone can use, with the potential of changing their own financial future and that of their family for generations to come. This can be done without the risk and stress of trading and without investing more than you can afford to lose. Buying a small amount of Bitcoin each payday or whenever you can afford to, adds up over time. And if the first ten years of Bitcoin's price growth are anything to go by, saving BTC could be far more lucrative than saving GBP, USD or whatever your local currency might be. To learn more about Bitcoin, be sure to subscribe to Brian's YouTube channel. He livestreams twice a week, bringing you the latest BTC news and interviews with experts and influencers in the Bitcoin and crypto space.
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The resilience of Bitcoin is on display for all to see, as the number one cryptocurrency continues to hold the line at the 8k level. Despite a dip back to $7,200, BTC rebounded just as quickly to retake $8,000. In the few days since then, the price has managed to hold, shrugging off moments of downward pressure.
May has been a huge month for crypto, seeing bullish sentiment return to the market, with Bitcoin leading the way, rallying from the low 5,000s to beyond $8,000. The next question is, will time spent consolidating around 8k, give Bitcoin the platform required to take the next step up to 9 or 10k, or will it lose momentum and move down? In my opinion, the strength and consolidation we're seeing in BTC is creating the perfect scenario for a push to higher prices. And when Bitcoin moves, it will take the rest of crypto with it. Particularly the well established, top tier coins. So yes, I'm bullish. Bitcoin to the moon! image source While many thought that $6,000 or $6,500 would prove to be significant resistance points for Bitcoin, this has not been the case. Bitcoin blasted through both of those levels and has done the same with $7,000.
Fear of missing out is kicking in for those who were waiting for lower lows in the BTC price, anticipating a buying opportunity at $1,000 to $2,500 that never came. Bitcoin has once again demonstrated its unpredictable nature, rising regardless of well thought out theories, negative news stories, political opposition and the hacking of a major exchange. The honey badger of money don't care... Bitcoin marches on to its own beat. Keep going BTC... to the moon! image source |
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