Let's all take a moment to reflect on the current price of bitcoin.
We're currently at ~$46k/btc, which is 4.5X higher than we were pre-pandemic.
That is amazing! Unbelievable! A price level that seemed like a pipe dream when we were in the $7-9k trading range for what felt like forever.
I don't know about you guys, but if the price wants to go sideways for a while, and then do another 3X-5X every time the world's economies takes a crap and the Fed prints trillions more $$$, I think I'm ok with that.
Just me?
Even though I hear what you are saying torquey porkey, this just does not seem like a very likely place (or time) to hang out for "a while" whether we are talking about another few weeks or few months.
Sure, it could happen (just like anything could happen), but seems that there remains a wee bit too much tension in the air, including considering the 4-year fractal, too.. even though I am not saying that the four-year fractal timeline is guaranteed, either... while there seem to be some ongoing UPpity price pressures .. you might have to suffer with another 3x to 5x.. whether or not world economy does anything.. dee king (aka king daddy) is likely on a UPpity trajectory whether there are trillions printed or not... so maybe one of the ONLY question remain how long it could get delayed in these here parts, weeks? months? For some strange reason.. just not feeling the flat that you mentioned.. not feeling it.. not feeling it.
Yet