The Conclusion Of The Long-Term Debt Cycle And The Rise Of Bitcoin
The conclusion of the long-term debt cycle is an inescapable economic reality that coincides with the ascent of the Bitcoin Network.In this article, I will detail why the incumbent global financial system is irreversibly broken, how it got to this point, and what the world will look like coming out the other side of the present crisis. I will use the frameworks presented in Ray Dalio’s Principles for Navigating Big Debt Crises along with my own analysis to contextualize the global economic landscape, and I will detail how the emergence of bitcoin as a global monetary asset will serve as a....
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Bitcoin Magazine's Dylan LeClair joined "Fed Watch" to discuss Bitcoin and the long-term debt cycle.
The bitcoin price has accomplished its first technical cycle, and a congestion area could institute a trading box for the next 3 months, depending on fundamentals, political factors and news before a new rise to the annual objective near $1800 USD. Prices had arrived to their long term technical objective, ending the cycle. Now, a trading box could take place in the chart before starting the next long-term technical cycle, which has its long term resistance at $1800. According to indicators, the support of a wide congestion area would be at $600, and the first resistance at the old....
Fiat money extends the debt cycle and traps citizens in ever-increasing inflation — but bitcoin forces a reckoning.
A powerful upward trend following a long flat is a natural pattern. Bitcoin’s price has reached a long-term resistance line. Will that provoke a decline? Will Bitcoin continue its long-term rise? The market’s inability to turn about at the top limit of the long-term flat has provoked a powerful upward impulse. The bears have given up on their positions and Bitcoin’s price has headed towards the next key level of $445-50. There can be a rebound in the long term, given that the price is at a point where a larger cycle is usually formed. If the bulls still manage to hold the advantage, even....
The government of Puerto Rico, which trapped itself into a staggering US$72 billion debt, has presented a long term payout proposal to its creditors. Government officials of the Caribbean island held several meetings with their creditors to negotiate the terms of the agreement, in an attempt to delay their payments for its large bond payments which are due in a few months. Puerto Rico’s government offered to swap its existing bonds for two new types of securities to get ahold of an adequate cash reserve to restore its economic growth and stability. “We believe the proposal we presented is....