Oh, bitcoin, bitcoin. Some day, someone is going to have to explain to me the merits of a $100,000, let alone $1 Million dollar bitcoin. What do you want to show me, a stock to flow model? You want to explain the halving? Maybe it's the ever growing interest of institutional investors. I mean you got Paul Tudor Jones for christ sake!
I get it, we all get it. And maybe I will be the one of those few people that know quite a bit about crypto, have been in crypto for 4+ years, have bought and sold their crypto (mostly at a loss).. and most importantly will be caught empty handed whenever this landmark of a run-up should happen.
In the meantime, Bitcoin needs to hold onto this Daily/Weekly trend line so that the cryptomaniacs may get their million dollar price tag, sooner rather than later ;)
I get it, we all get it. And maybe I will be the one of those few people that know quite a bit about crypto, have been in crypto for 4+ years, have bought and sold their crypto (mostly at a loss).. and most importantly will be caught empty handed whenever this landmark of a run-up should happen.
In the meantime, Bitcoin needs to hold onto this Daily/Weekly trend line so that the cryptomaniacs may get their million dollar price tag, sooner rather than later ;)