I've been buying #Bitcoin today. There are multiple reasons for this. Firstly: There's such terrible sentiment around the underlying asset that it's hard to keep pouring down…
Original source excerpt
I've been buying #Bitcoin today. There are multiple reasons for this. Firstly: There's such terrible sentiment around the underlying asset that it's hard to keep pouring down much. Secondly: There …
I've been buying #Bitcoin today. There are multiple reasons for this. Firstly: There's such terrible sentiment around the underlying asset that it's hard to keep pouring down much. Secondly: There have been so many events that could cause #Bitcoin to collapse. It didn't. Just a 20% correction. Thirdly: This is a support area, just barely beneath the 200-Day MA and ideal for liquidity. Fourthly: #Bitcoin bottomed on the Friday prior to the SpaceX IPO. I wouldn't be surprised if this is the same cadence as what we're seeing currently. Fifthly: Nasdaq is already up a lot, meaning that there's a gap between Bitcoin and the Nasdaq. It doesn't take long for this gap to close, which is why I've been buying Bitcoin today.
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