Bitcoin is the dragon, always bet on the dragon...

Do you remember the knight tales from long ago, the ones about the knights slaying the dragon and saving the damsel in distress?

While those made for good reading, they were very clearly fiction.

Not because dragons most likely are fictional creators, I so most likely because there does seem to be mixed science on that, but I'm saying it because a knight in heavy armor would be very much at a sever disadvantage to a dragon.

I mean just look at this:

(Source: https://twitter.com/michael_saylor/status/1389612964085444609/photo/1)

Even if the knight somehow didn't catch on fire from this, the heat alone would melt his skin off and stop his heart.

It literally would be impossible for a knight to withstand something like the picture above, let alone be able to fight back and somehow slay the beast.

Well, bitcoin is the dragon and the knight is the current financial system and gold.

It's going to eat gold's lunch and eventually the current financial system as well.

The dip today isn't fun, but putting it into perspective, it's not that bad:

(Source: https://twitter.com/PermabullNino/status/1389604405842911237/photo/1)

So far it's just a test of a trendline, and it's currently bouncing off that line.

If that breaks we could see a move to $50k and possibly down to $47k for a retest of those lows.

Either way the medium term trajectory hasn't changed and I suspect bitcoin will hit $100k by the end of this year if not by the end of July.

That July time frame is getting tighter and tighter, but when bitcoin moves, it moves.

Don't forget what we are invested in here.