Now this is interesting...
Bitcoin is acting a lot more like 2012 than 2015.
The reversal off of the lows in 2015 was slow and gradual.
This reversal is sharp and steep, like in 2012...
Check it out:
(Source: ~~~ embed:1143401700650344449) twitter metadata:VGhlQ3J5cHRvRG9nfHxodHRwczovL3R3aXR0ZXIuY29tL1RoZUNyeXB0b0RvZy9zdGF0dXMvMTE0MzQwMTcwMDY1MDM0NDQ0OSl8 ~~~
If that is the case this bull market might go even higher than I thought it would.
And it will be faster than I expected as well.
It is up like a rocket this morning, reaching for 13K as I write this.
And I am caught totally out of position, story of my life.
Same here... I have been waiting for this for 18 months and I am all out at this point... ugh.
...and now we are both glad we did not buy in. Holy HELL what a steep spike and drop. I am showing BTC at 10.8K as I write this. That's just scary volatile.
Yep agreed. I just got back in though actually around $10,600. I am a bit early most likely but at least I have some skin in the game again.