I really enjoyed Bitcoin's highs and lows this week. It jumped to $96,000, and then to $78,000 like someone yanked the rug from beneath.
I honestly felt my heart sink, having just bragged to my friend about my little holdings of BTC. Then Trump's hint of having a crypto reserve drove it to $95,000. I was texting everyone, I was in such high spirits. Then, boom, now it is below $85,000. That doubling volatility in ten days, as CryptoQuant puts it, is, to me, a red flag.
The market is in chaos, and I'm TBH torn.
Somewhere in me, I'm okay with the chaos, of course that's why I started this years ago, seeking that high when the prices go through the roof.
I remember investing at those time at $10,000, feeling like I was a genius to double my money. Now though, I see $90,000 slide and wonder if we're in for a tailspin of bears.
Some Experts like Axel Adler say it's hype and not strength. It pains me to hear this. I want to believe that BTC can see into six figures, but its below $85,000 now. If it can't hold, I'll be broken, but I can't look away. This looks too insane to end.
Guess I'm all in now with a little shaky hands, but holding on.
