BTC price touched 21k today, 5 days left. I did not place my bet this month as I expected we will leave the channel sooner or later, but I decided to bet the on FUN and I wonder if we will stay in the most popular range. We will see.
BTW fact we are above 20k is always a good news!
I am not sure but this could be treat from the bitcoin community on the 14th Anniversary of blockchain white paper. There may be loyal millionaire players making it happen or this could be just someone who thought to buy at bigger level as we move towards last two months of the year. This is very common in the bitcoin trading pattern as we move to the end and towards halloween and Christmas things gonna turn them upside down.
Considering FUN, its unpredictable at this movement since increased bitcoin prices might just hamper the paired conversion and show higher price for it. This is applicable only if bitcoin keeps growing upwards.
I think that is inevitable that the price of Bitcoin with the passing of time will only go higher,this has been the case since the creation of Bitcoin in the early days up until now,it has started with the first bull run in November 2013 and then a couple more followed like the December 2017 and October 2021.If we see it passed 4 years before a new bull run occurred and if this is to be true the next one would be in 2025,I am mining at a loss now to keep accumulating as much as possible so I am ready for the next one,I suggest everyone does that for his own benefit.