The Bitcoin bullish megaphone is playing out again! As the Price is rapidly closing in on $60,000. Already you can see the FOMO finding it's way back into the market. In my opinion, Bitcoin is still playing out similarly to the 2017 cycle. Only this time, dips are shallower, and the rise is steeper. The intricate dance of the market, echoing patterns of the past while paving the way towards new heights. I dont know what to call this except fascinating times indeed.
How high do you think it can go?
We are already at $62k right now, I don't think we can call this FOMO though, we are fast approaching the block halving and so everyone wanted to get on board. Still the same Bitcoin to me, bullish sentiments and prediction could be right that we are going to hit at least 6 digit this bull run.
I bet Elon Musk is feeling stupid that he sold all or most of his company's bitcoin at $20K. I thought this guy was supposed to be smart?
Anyone with half a brain knows when prices are low that is the time to buy not sell.
The genius sells Tesla's bitcoin at a loss then uses the money to buy dumpster fire Twitter
which promptly dumps more than 50% after buying it. Brilliant!
Doesn't matter though, we are done with Elon, that's his decision if he dump Bitcoin back then. Maybe he has bought during the bear market we don't know. And as I have said, Bitcoin community has totally forgotten about Elon Musk. And there are a lot of players new and old, institutional money that is flowing right now and let that continue.