Oddbean new post about login | logout It's a bull market... And the price is the reflection of the value flowing in & the growth in the bitcoin economy. You can't have global adoption of a fixed supply asset without number go up.
I’ve been doing this to long… I do not think we are in a bull run…
We are definitely in the bull portion of the cycle. I think our current ATH status is only because the China mining ban prevented last cycle's blowoff top, so we may actually be earlier in the cycle than people think... Looks bullish AF to me. https://image.nostr.build/bd5c5b0a5aff92b7a3fa9ea1d0f6329d47b09b1f6d798419d7ae3275f40f8e37.jpg
Um yeah I know what the charts look like…. I still do not think we are in a bull run…
Okay, why not?
Just not enuff price action…
Mate we're what? 400% up from the 2022 bottom? How is that not "price action"? I would concur with you that the volumes are kind of anemic. But price calls volume and volume drives price, so...
