The further we pull away from $15,000 the more likely it is that the bottom is in (obvious, right).
Market is looking good at the moment but Im still only 50/50 that weve seen the bottom. Ill be convinced if we hit mid 2023 over $25,000. Binance is making me nervous at the moment, apart from that though, I dont see any Black Swan events?
What do you think WO?
i dunno bout the bottom yet. there are still huge flaming pieces of FTX wreckage raining down all over the place, dragging in Very Important People from here and there to get their genitalia handed to them.
its actually kinda amazing to me that corn is going up.
That is strictly the mining infrastructure. It does not do much on the top of bull runs, but it boosts the bottom of bear collapses.
A lot of support is at the 6 cent levels for profit which we have danced about for the last month or so.
The older post I did yesterday was a good sign. It is that bitmain is releasing better firmware for the s19 gear.