Bit frustrating that we seem to be unable to stay above $100,000 for now. We will smash through it and hesd upwards new all time highs but I have to admit I am feeling a little frustrated currently.
I’d like to see $100,000 breached and turned into new support over the next week or so. February is isually a very good month for Bitcoin in a bull run, it’s about time it started acting like it.
I tend to see the full glass and what can i say.
I understand your feelings but is only a psychological number, if we see the whole picture we are surfing above the 90k from a long time so still a very good number and a super performance, every time a hit is taken the BTC only suffer a bit and very fast go up again in hours or days.
If you see in the recent developments the BTC is super strong, maybe one of he most strong "assets" of the whole world.
Deepshit AI? Dont give a fuck,
Trump trade war? Dont give a fuck
BTC remains still standing when Nvidia and other mayors assets fell apart.
What about? ...
Nope, the truth is that BTC trading price no more reflects its true value.
Nvidia (and what not) may be past similar situations, but instead overvalued (or maybe better: overpriced).
That bananas-apples comparison is meaningless.
As BTC increasingly decouples from the economic situation, it is still undervalued AND underpriced, though the undervalued part improved significantly, while price wasn't following. I mean, c'mon. If i can see this, you can see it too. This or i'm completely stupid.
Sure, we all can "think positive" about what's happening around Bitcoin.
I mean, what would Satoshi say to all this, watching the banks and financial elites grabbing masses of BTC without moving the price (shifting the value) while the spot market's life and liquidity is getting milked out by the same institutions? Do you think he would be positive?
I am not an evangelist, but there definitely is this ethical edge, isn't it?