BTC just keeps doing its thing. You can't stop the blockchain! With everyones bank and their business getting into crypto now, buying the ATHs, we could still see 100k by 2022.
https://bitcointicker.co/stamp/btc/usd/7days/
Bitcoin dominance is still rising, up to 44.59% from 40.47% just 22 days ago. This seems to be volume from selling Alts, but what if BTC falls again? It will be tough for those hodling their BTC.
By the time BTC rises over 50% again, will we see a new all time high?
"“The setup for a short squeeze had been primed this week as bears shorted $50K resistance,” NYDIG, a financial service firm that focuses on bitcoin, wrote in a report on Wednesday. "
I am not the only one predicting a bear market, as crypto hedge fund analysts suggest. However, for all these warnings of caution, as https://coin.dance/stats shows, you don't want to bet against BTC.
(approximately, 09 May 2024 07:46:38 UTC)
https://www.bitcoinblockhalf.com/
