Well, people laugh at bulls, but they are always prepared.
$9,237
The coffee is very good this morning.
$9,237
The coffee is very good this morning.
This bull is starting to get nervous. $1,600 in 24 hours is feeling like a bit much, and maybe there is an end of the month thing going on?
I am not complaining or changing anything that I usually do in terms of incrementalism, but still a bit nervous about such a quick (one day) 21.6% price appreciation, while at the same time, appreciating some bears getting reckt.
8K. today we will have battle
I also wasn't expecting this sudden upward move, I think it would be safer to consolidate 8K a few days, but Badger has these things.
Badger seems to do whatever he wants, and I suppose can see how far the down will go, and perhaps some consolidation or just purely resuming a bit more UP. Either way, I personally appreciate putting an additional bit of cushion between current price and our most recent $3,850 local bottom.. and preferably, even if there is another liquidating event or even strong downturn in the macro environment (such as traditional equities), our little friend has some chances to not have to revisit sub $4k, perhaps? Perhaps?
We kind of have to just see how some of these matters play out, and really there is no reason to NOT continue to believe that a decent percentage of value can still continue to gravitate into BTC in spite of many of the broader market uncertainties that seem to relate to both the ongoing questions regarding virus treatment(s)/testing and also getting the economy restarted in an atmosphere of such ongoing uncertainties around such virus issues.
