Bitcoin came within a hair’s breadth of a fresh all time high something that unthinkable a few months (weeks?) ago. Absolutely astounding price action.
When you zoom out to the monthly chart, it looks even more insane, like a v shaped correction.
There will be bumps in the road, it could take a while to hit a new all time high or it could happen today. I have no idea. What I do know is that I wouldn’t short this think with my worst enemy’s money.
Pat yourselves on the back. No matter what happens now, we made it back to the the highs.
When you zoom out to the monthly chart, it looks even more insane, like a v shaped correction.
There will be bumps in the road, it could take a while to hit a new all time high or it could happen today. I have no idea. What I do know is that I wouldn’t short this think with my worst enemy’s money.
Pat yourselves on the back. No matter what happens now, we made it back to the the highs.
scott.melker@texaswestcapital.com