This is FOMO fools buying. I’ve had calls for 2 weeks now from people who called me an idiot at BTC $100 and now they’re all buying. One friend spent $32,000 for 4 BTC. Yet refused to spend $10,000 on 50-100 BTC even tho he’s well off.
This BTC pump is artificial. The CME is gonna start trading futures in like 2-3 weeks. These are Wall Street pros. They will have the liquidity to crush and crash BTC and they will.
I wouldn’t be shocked, given the timing of this pump, and the media helping out, if Goldman et al didn’t start the pump.
So expect BTC to keep inflating until the futures start trading and then expect a bloodbath.
If BCH pumps at that point, given its much tighter supply, you could see BCH easily over $10,000 in 1-2 weeks and then flipping BTC at which point miners Would switch and btc would freeze and he sell panic will accelerate.
Take some profits and don’t put new money at this level into BTC. Losing paper profits doesn’t hurt as bad your real savings.
Wall Street is coming in full force like I said in 2013, and they never lose.