Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Price won't hold for much longer.
Imagine we break 2017 all time high, that would be uncharted territory
It looks very likely, especially with the Fed meeting coming up
What do we consider the 2017 high 19.6k or something?
We are already far below the 2017 top. I recently got in an argument about this—when BTC was around $28k. Now, I do not think anyone can question my statement that $19k (hah, $19.6k) in 2017 dollars bought much more goods and services than $20,360 at this moment, as I write this.
True,
We are at around $17,250 in 2017 money based on RPI inflation since.