Post
Topic
Board Speculation
Re: Why is bitcoin moving now?
by
TelolettOm
on 11/09/2023, 23:59:01 UTC
You've been on this forum since 2016 my brother - but why aren't you more optimistic about bitcoin compared to me who knew him in 2020?
There's a lot of good news on bitcoin fundamentals right now including spot bitcoin ETFs - but I can't expect a market reaction of this magnitude yet as some are still waiting for the best times.

FUD just makes weak hands weaker – while strong hands stack. Look around you - there is a lot of advice about collecting that this may be the best time rather than waiting too long.
I'm not pessimistic, I just think realistically.
I'm experiencing the situation in 2020. It was the pandemic crisis, but the bullrun still happens as expected in 2021. However, the situation is not the same as in 2020-2021 anymore. The current issues are quite different, we can't compare it with the previous periods.

I'm sure whoever the investors, they must think twice when the issue comes from ETF case or SEC intervention. Personally, I think it is more serious case than economic status.