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RE: Daily Crypto Markets Live Blog: IRS Won't Go After Miner Regardless Of What Bill Says (08/14/21)

in LeoFinance3 years ago

This Bitcoin rally seems to be fueled by real money at this point. The FOMO leverage positions haven't even begun. If and when that happens, it could be a helluva ride....

https://www.bloomberg.com/news/articles/2021-08-13/bitcoin-s-surge-comes-without-extreme-leverage-of-past-rallies

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Yea it looks like there are a lot of people who are on the sidelines right now due to the FUD from before. Assuming we add in leverage, its very well possible for crypto to moon.

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There are many positing that we will see 6 figured by year end in Bitcoin and some have $200K or $300K on the board.

Leveraged positions would get things flying.

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