Re: BITCOIN AT 63K. What should we expect moving forward?
Woke up to see BTC at 63k this cold Saturday morning, although I'm excited but I'm kinda skeptical and have questions.
Really? Are you excited by bitcoin being 10% down from its ATH? Is that it? I see it as a day like any other, but maybe for some people, specially those who bought in the recent dip at 58k it's something to celebrate.
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Is the retracment over? Will price create another ATH from here or is this a dead cat bounce? Let's share opinions below.
Will that make you buy? Let's say it's over, will you go all in right now because of that? It might be over for now, but it doesn't mean you'll see a new ATH this year.
What if it's not? Will you sell all your bitcoin? What if it's not over, it will go down to 55k and then jump back to $70k? Will you catch that dip?
IMO both your answers to these questions are no.
