Post
Topic
Board Speculation
Re: Have we peaked for this cycle?
by
MFahad
on 16/05/2021, 06:21:28 UTC
noob here.  BTC has been trading sideways for 3 months now; after the elon tweet, its' struggling to get above 50K.
Is their another run up or have we peaked alreay?

3 months of sideways movement means that people are not willing to sell and they are keep on accumulating bitcoin.  I am sure that we will pump very high again in the near future.
Being a noob, you should not get panic and try to look on the big picture. Bitcoin is bullish fundamentally.