In response to
"Have you seen the trend line? -- nm"
by
Will Hunting
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to the moon?
Posted by
oblique (aka kkuphal)
Aug 3 '21, 13:04
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My overall outlook on bitcoin is bullish but I'm also looking very long term. I don't believe stock market TA works on crypto. There is some very interesting on-chain analysis being done that seems to be more predictive. Ultimately though, I think we have a long way to go relative to adoption that is being spurred by L2 tech like the Lightning Network as well as real world examples of solutions for the remittance problem in many countries (El Salvador, Tonga, etc.) but the overall end result is an upward price simply due to the scarcity innate to the coin.
Of course, some is bitcoin the coin and other is Bitcoin the network
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