Is it wrong for me to admit that I've actually enjoyed Bitcoin being below $30k...?
As it's given us mere mortals a change to dollar cost average into building our meagre sat stack while we can.
But it now feels like a move upwards is imminent.
And I can't help but feel like this might be the last time we'll ever see it at these price levels.
I know these words have been uttered so many times for BTC before. And I know there are few more dangerous words than
This time will be different
Plus I know it drops 80-90% off each bull run but even then, I think any fall will be above this level after the next bull run.
I also can't help but feel that there's some sort of BTC price suppression going on right now, no doubt to allow the institutions to build their stack before the various ETFs get approved and Bitcoin goes properly mainstream.
This is another reason why I can't see Bitcoin falling as far next time around. The price volatility will decrease as major institutions get involved - that's not to say there won't be some wild swings in the future. It just won't be the wild west of 2011 - 2021 in my view.
And now BTC looks like it's starting to wake up from its slumber. The grind along the $28-29k levels might be ending if it can break and hold above $30k. We'll have to wait and see.
I'll have mixed feelings. Sure, it's always great to see a buzz around Bitcoin and rising prices but I'll rue the missed opportunity to stack BTC before the price becomes uncatchable.
We might almost be there...
Congratulations!
Your post has been manually curated and reblogged.
You can follow our curation trail on Hive.Vote
If you want to support us and the authors we vote for you can upvote this comment or delegate some Hive Power to our account. Thanks!
Propose a worthy post by mentioning us in the post or in a comment.
We reblog curated posts, follow us if you wish to see them in your feed.
I tend to agree with you, however, I’m of the opinion that soon we are going to use the word SATS more often than BITCOIN.
It will not be weird to see trading pairs against SATS imo
Yeah, I find it funny when non-crypto people keep referring to Bitcoins — it's like, you're extremely lucky if you ever get one Bitcoin. And most of us will be dealing in sats for sure 😂
The market is going at the moment has been standing at the same place for the last two months and we are seeing a little bit of a move down and the bar going up if it stays above 32000 for some time. So we'll see if it goes back up smoothly.
Hi @stevelivingston, Thank you for participating in the #teamuk curated tag. We have upvoted your quality content. For more information visit our discord https://discord.gg/8CVx2Am
A lot of people actually enjoyed the fact that BTC is beloe 30k so that they can take the opportunity of buying more and holding it....
And they will make profit when the price goes up