Post
Topic
Board Speculation
Re: Bitcoin all time high
by
Viscore
on 14/03/2021, 13:58:43 UTC
Many argue that Bitcoin made it to the new all time high because of the tweets by Elon Musk, or the next opinion as the US government starts
distributing stimulus checks of $ 1400. Whatever the reason, I don't really care about it. The most important thing is Bitcoin is still in a bullish trend
and there is a possibility that the rising price of Bitcoin will not stop anytime soon. Because several times Bitcoin has tried to cross the resistance
price of $ 61k, if today it manages to touch the price of $ 62k, means Bitcoin price will soon go up to a price of $ 70k or $ 80k.
I don't think this is because Elon did a tweet again but we can't leave the possibility that it fuels the market to hype. Maybe we are thankful to him for this and we have to take this opportunity as well to make a sell coz I believe that this will never last for long and it drops again. I'm not discouraging people to still hold but I was giving some hints that not all the time we are in hypes, it sometimes goes down. While we have at this Bullrun, it is the wisest thing to sell some of our Bitcoins.