If there's one thing I know about Bitcoin, it's that the price will usually go to wherever will liquidate the most leveraged positions.
https://i.nostr.build/2vWE2UBFR7hHfcKe.jpg
That man was mentally unwell, did lots of drugs, and was constantly spilling his consciousness into his typewriter, but it resulted in some pretty good sci-fi. Several of his books have been adapted on screen.
I'm not even gonna take a stab at where this is stopping but I am sure that in the next few days we're gonna see a massive blow off top followed by a pretty big dump. Just because that's what always happens with the coin.
People shorting Bitcoin with leverage:
https://media.tenor.com/xmkrRjbzgVQAAAAC/banned-hammer.gif
nostr:nevent1qqsgj70aj8r43gasfphpdwvfnr2sr6h9k99dlewdxlugz3adjqvcq7gpzemhxue69uhkummnw3ex2mrfw3jhxtn0wfnj7q3qp5ryszcvdca78jdp5ewhu67zpyfz042m7nrha6mqx7a8wakrqrkqxpqqqqqqz6lj2le
All that stay humble talk goes out the window when the price goes up.
Every time Bitcoin started painting +10% daily candles it does -50% in the coming weeks, but hey, maybe this time is different...
nostr:nevent1qqsq9dwlpqv67qdhhq3w5vg5k5a3ymk8a3ph3vv6nh07ur92sgku96qpzdmhxue69uhhwmm59e6hg7r09ehkuef0qgsw8d05x2qzvnrdr5hyxah9ch0xgkhxd0zcp7j9fuqmwy087klwn5qrqsqqqqqpc9r2pg
I'm skeptical because nothing has fundamentally changed recently. People are just front-running what they think will happen. This is purely a speculative rally. Doesn't change my long-term outlook at all, but I wouldn't be at all shocked if this turns into another massive pump and dump right now.
nostr:nevent1qqswhwnrzt7cplepm8e0y2hz63zkhu8n89sr9ylwx2xt2qzu4xtzgxspzemhxue69uhkummnw3ex2mrfw3jhxtn0wfnj7q3qp5ryszcvdca78jdp5ewhu67zpyfz042m7nrha6mqx7a8wakrqrkqxpqqqqqqzjzp2wp
3:1 odds America returns to a gold standard instead.
Keep stacking anyway. Just don't expect life changing wealth in such a short time.
nostr:nevent1qqszpek2vw330e9w8smnnvl02h22y4ms65hnrs8nvjdd3yyyn7g6qpspzdmhxue69uhhwmm59e6hg7r09ehkuef0qgsdftfmdm407yl7pn9vsmfzjszf0x9w9cuh094d5klrr9je9etw9fcrqsqqqqqpaszg3v
Time to dust this one off again
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Popping Tums like candy
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