If we're going to spend an entire August in 11xxx range... well, that's fine with me.
It's a good range!
Stability is good, sometimes trading in a sideways range for significant period is a good thing. Se were in the $9’000’s for a while before we broke out. I’m cool with being in the $11’000’s for a month or two if it means we break out & push towards $14,000 or something by November.
This is very important, bitcoin for the most part has gone above the 10k barrier but is has been unable to remain there for long, when looking at the historical data from coingecko this is what I get.
Days in a row above 10k.From 28 NOV 2017 to 30 JAN 2018 63 days
From 01 FEB 2018 to 01 FEB 2018 1 day
From 16 FEB 2018 to 21 FEB 2018 6 days
From 23 FEB 2018 to 24 FEB 2018 2 days
From 27 FEB 2018 to 07 MAR 2018 9 days
From 22 JUN 2019 to 16 JUL 2019 25 days
From 19 JUL 2019 to 23 JUL 2019 5 days
From 01 AUG 2019 to 28 AUG 2019 28 days
From 03 SEP 2019 to 21 SEP 2019 19 days
From 23 SEP 2019 to 23 SEP 2019 1 day
From 10 FEB 2020 to 10 FEB 2020 1 day
From 12 FEB 2020 to 15 FEB 2020 4 days
From 19 FEB 2020 to 19 FEB 2020 1 day
From 02 JUN 2020 to 02 JUN 2020 1 day
From 28 JUL 2020 to TODAY 8 days and counting
Total: 173 days
Number of days above 10k by year| 2017 | 33 days |
| 2018 | 47 days |
| 2019 | 78 days |
| 2020 | 15 days and counting |
2020 is the year where unpredictable things have happened which was not expected, or people have not seen in decades of their life. We are witnessing many things for 1st in our life and this year just could be the change for bitcoin as well and witness something which we had not seen till now.
