I think the liquidation event on the 22nd took the steam out of this bull run. Someone spent a lot of money to make sure bitcoin would not continue on this parabola.
I think the market will go back down to 35-40k and test whether bitcoin is worth more than that or if it was just elon musk pump tweet that sent the price parabolic.
TheSignalyst
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@ntwan thanks for sharing your thoughts here. Appreciated
I think the market will go back down to 35-40k and test whether bitcoin is worth more than that or if it was just elon musk pump tweet that sent the price parabolic.