This is my long term view on bitcoin, in my view BTC is currently running wave 5 in the eliot cycle, because wave 4 is curvy, wave 2 is flat.
Bitcoin price is very difficult to predict, instead I find we can predict time.
I have observed that when the crypto market has extremely good news, that is also the time when bitcoin peaks.
Taproot itself is a soft-fork that improves Bitcoin's scripts. It has untied many things that people previously wanted to do but could not. As if:
- Increases privacy and strengthens some aspects associated with complex transactions. Taproot will allow users to cloak the smart contract like regular BTC transactions. This avoids the hacker's attention.
And Taproot also makes it easier for developers to write smart contracts on the Bitcoin blockchain. Composing Bitcoin smart contracts as multi-signature transactions is a daunting task for many developers. But with Taproot, it's a little easier.
Taproot also reduces the data written on the blockchain, allowing for more transactions per block. And this can lead to lower transaction fees.
In my opinion, this is extremely good news, as taproot will make it possible for bitcoin to create smart contracts like ethereum did.
SO, THE TOP OF BITCOIN I GUARANTEE BETWEEN NOVEMBER WHEN TAPROOT OFFICIALLY RUN
Bitcoin price is very difficult to predict, instead I find we can predict time.
I have observed that when the crypto market has extremely good news, that is also the time when bitcoin peaks.
Taproot itself is a soft-fork that improves Bitcoin's scripts. It has untied many things that people previously wanted to do but could not. As if:
- Increases privacy and strengthens some aspects associated with complex transactions. Taproot will allow users to cloak the smart contract like regular BTC transactions. This avoids the hacker's attention.
And Taproot also makes it easier for developers to write smart contracts on the Bitcoin blockchain. Composing Bitcoin smart contracts as multi-signature transactions is a daunting task for many developers. But with Taproot, it's a little easier.
Taproot also reduces the data written on the blockchain, allowing for more transactions per block. And this can lead to lower transaction fees.
In my opinion, this is extremely good news, as taproot will make it possible for bitcoin to create smart contracts like ethereum did.
SO, THE TOP OF BITCOIN I GUARANTEE BETWEEN NOVEMBER WHEN TAPROOT OFFICIALLY RUN