It was just 17 days back I wrote this post celebrating BTC crossing $20,000. There were talks at that time of $50,000 by the end of the year. I didn't believe it. We didn't make it either. But if you asked me at the time (which is just 17 days back!) to bet at $30,000; I wouldn't have bet. And I am life-long betting dude! I guess it proves I am not very good betting guy!
Yep! $32,000! It is insane to me. But one thing I have learned over the years, that never question price, as price is always right . At any given time price reflects every information market provides. In a large free market, which BTC is, that statement is always true.
Here is the weekly! Just the time it took to write that short paragraph and another screencapture, the price rallied $100 more! I realize that it is nothing. But watching it on an min-by-min basis is perhaps the sexiest thing you can do right now! I am kidding of course. I do have a feeling, that I wish I trade BTC. But I won't. I have a few BTC and I will hold and I will buy if I see a dip in the weekly chart above. But I must say, this is right now the biggest party in anything financial! Kudos to that!
Disclaimer: This is NOT professional advice, this is all just my own opinion and experience. I am NOT a Certified Financial Adviser. Consult professionals for any financial, accounting or legal related questions you have.
Charts are created in Tradingview.com, which is a free service.
