There really is something quite beautiful about seeing Bitcoin at $120,000.
We still have one more big, explosive leg upwards in this bull market too. I’m thinking maybe a slow grind up to $130,000 in the first two weeks of October and then the big push, blow off top to $160,000 or similar in late October to early November.
Indeed. I get excited at $120K, which probably means I am holding too much Bitcoin. I am keeping my eye on the exit though. I do not believe that we are in a supercycle and think that regardless of how high Bitcoin gets, it will be lower than it is now in 18 months. I do think we’ll hit $140K before this run is over and that is the price where I’ll start finding it difficult to hold on for dear life.
I do understand though I will hold on to 75% of current stash.... I already sold some at previous prices that were this high and a little lower... now the max of current stash to sell = 25% but @ prices around 140 and up a bit... if I don't meet targets I have no regret as I did sell already to live my life as i'm used to... I also don't need more to sell or it must go extreme.... though the more I'm selling now would only be to buy back lower as I have no needs IRL which I cannot handle as how it is from now.