BTC back from the dead
Amazing bull action in the last couple days and 24 hours specifically.
After the brief dip below the 200SMA we bounced back and rode for while only to break above previous levels of 9500.
It seems hard to believe BTC will run back up through to the 15000 level and above... but we know how this pump seems to go.
Wondering if the sentiment can really change that quickly. Not everyone is a true HODLer..
Lets remember that the average person doesn't understand what BTC really is or what kind of a paradigm shift its adoption would entail.
Most are speculators..
Seems as if the money flows from the equity markets and the BTC value are correlated...
I'm still picking stocks.
At least I know that AMZN is trading 236 times their earnings.
After the brief dip below the 200SMA we bounced back and rode for while only to break above previous levels of 9500.
It seems hard to believe BTC will run back up through to the 15000 level and above... but we know how this pump seems to go.
Wondering if the sentiment can really change that quickly. Not everyone is a true HODLer..
Lets remember that the average person doesn't understand what BTC really is or what kind of a paradigm shift its adoption would entail.
Most are speculators..
Seems as if the money flows from the equity markets and the BTC value are correlated...
I'm still picking stocks.
At least I know that AMZN is trading 236 times their earnings.
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