Bullish on ORDI
I am Bullish on ORDI, It's kind of a proxy play to BTC but I feel it has more upside.
In my chart you well see not only the T.A. supports a bullish case but the fact that it seems the miners or starting to see the kind of TX fees they can make on top of BTC rewards. In a side note I feel that TX fees can reduce selling pressure for BTC that can make the price go up because less BTC is on the market, but it could make the price go down; because the miners can stay whole with out having to get top dollar for BTC. Anyways; If you notice in the chart not only the T.A. is bullish, and if in fact; it's a proxy play to BTC the then time to hold any BRC-20s is from 12\25\23 in to 1\15\24 do to the ETF hype that may come from now to the middle of January. So PLZ let me know what you think of my take.
P.s. The green bars are one option, and the yellow are another.
In my chart you well see not only the T.A. supports a bullish case but the fact that it seems the miners or starting to see the kind of TX fees they can make on top of BTC rewards. In a side note I feel that TX fees can reduce selling pressure for BTC that can make the price go up because less BTC is on the market, but it could make the price go down; because the miners can stay whole with out having to get top dollar for BTC. Anyways; If you notice in the chart not only the T.A. is bullish, and if in fact; it's a proxy play to BTC the then time to hold any BRC-20s is from 12\25\23 in to 1\15\24 do to the ETF hype that may come from now to the middle of January. So PLZ let me know what you think of my take.
P.s. The green bars are one option, and the yellow are another.
DavdAr70653587
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