Thoughts on BTC movement
The past few days have been great for the crypto market overall. BTC is up more than 10% since the visit to 29k and that too without any short-term dip or revisits, which is the exact kind of event that makes me wonder whether this pump is justified or not. The bulk of the buying was due to the buzz around the recent "The ₿ Word", which did not yield any successful results, which is why I think the shown path is likely to be followed. Hopes remain high (I've shorted anyway). Let's see how it turns out.
BTCUSDT BTCUSD
BTCUSDT BTCUSD
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