Bitcoin is just getting started.
Check out where it is compared to where it was during the 2016-2017 bull market...
Sept 2016: $600 - RSI: 63,91
June 2019: $9,800 - RSI: 63,91
(Source: ~~~ embed:1142056351910289408) twitter metadata:Y3J5cHRvX3JhbmR8fGh0dHBzOi8vdHdpdHRlci5jb20vY3J5cHRvX3JhbmQvc3RhdHVzLzExNDIwNTYzNTE5MTAyODk0MDgpfA== ~~~
As you can see, we have tons of room left to grow here.
With the halving only 10 months away, I think we are going to have a great 18 months here.
OK, agreed, but the crucial question is, do we still have a dip coming, or is the beginning of another wild & scary ride into the clouds?
I was just looking at Paxful, and the lowest offers there are at 11,800 which is over a thousand bucks more than current quote. Clearly, those selling in that venue are optimistic, or at least greedy.
Was that in USD?
Yes, as far as I know all offers on Paxful are in USD
That is pretty strange... are you not allowed to transfer out of there? Usually that is the case when you premiums like that...