Post
Topic
Board Speculation
Re: Bitcoin all time high
by
rodskee
on 14/03/2021, 02:25:29 UTC
Bitcoin start the year with $28,800 and now it as doubled in value $58,300 late last month, since the correction, it rebounded, now threatening to break another all time high
It already does once again ,Bitcoin make it's way High back to track and recorded a 61,683$ record from 56,000 within 24 hours.
This mean the climb is more than 10% just yesterday and still showing strong movement and staying in that 60-61k$ value as i am posting this.
I think we are not yet in a bullish trend, what we are experiencing is a stage where much institutional investment is entering, but I believe that the usual whales of the Bitcoin market have not yet entered into action, if we see the million dollar wallets of 100- 1000 BTC there is no variation, it is always in the same percentage of 62% -63%, in 2017 this percentage grew to almost 80%, of course it is not reliable but it can be used as an indicator.
So you are serious on that huh? We are not in bullish so what is Bullish trend for you ? when the Climb up to 75,000 or 100,000?

That is greedy belief mate , don't hold so much because you might disappoint eventually.