Bitcoin (BTC) Is Feeling Awfully Stable At These Levels

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https://cointelegraph.com/news/bitcoin-price-hits-12k-again3-reasons-traders-are-mid-term-bullish

Something about this climb back to $12,000 feels... very sturdy for a change.

I hope everyone has some BTC exposure given its the defacto currency of value for all things crypto. In the very least, I would hope you all have some so that you can get more HIVE should the price continue to waiver as we all know it can.

One way in which I'm continuing to hang onto some BTC exposure via my tax-sheltered IRA is to buy some MicroStrategy Incorporated (MSTR). For those not aware, the company recently purchased $250 million in BTC as a USD inflation hedge. Even if the underlying business falters, their BTC holdings should continue to provide some price support and fiat currency continues to increase in supply parabolically.

https://www.forbes.com/sites/christopherbrookins/2020/08/14/microstrategy-just-sent-green-light-to-corporate-america-on-bitcoin/#2a35e686bc4a

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