Bitcoin has been floating sideways for over a week now, consolidating. While everyone is out here posting their bearish theories, I think we are due for a large bust. GBTC has begun dumping their premium-priced Bitcoin again, and the market continues to gobble it up unphased. No fundamentals have changed.
Huge bitcoin ETF inflows, bullish. Exchange supply drop, bullish. Fed pivot is inevitable, bullish. Bitcoin halving in 60 days, bullish. Election year market pump, bullish. Retail hasn't returned to the market yet, bullish.
We are still early enough. Do not fall for the bear trap and lose your coins! Hodl and we will all be richer come Christmas.
Huge bitcoin ETF inflows, bullish. Exchange supply drop, bullish. Fed pivot is inevitable, bullish. Bitcoin halving in 60 days, bullish. Election year market pump, bullish. Retail hasn't returned to the market yet, bullish.
We are still early enough. Do not fall for the bear trap and lose your coins! Hodl and we will all be richer come Christmas.
评论:
As expected backed by institution inflows and a supply squeeze Bitcoin's price has absolutely blasted off touching 64K today! Don't let bearish people fool you, for the time being we are in a bull market do not trade against the trend.
