To me it looks like pressure building up against the $20k line. Once it blasts through, it will be epic.

All the best to Jeff 

Meanwhile, observing BTC@19,212. Who would have thought that after all those bearish TA graphs lately?

I love it when HOLDlers are becoming restless during a good price dip. It's a good sign 

I love this Willy Woo character: https://twitter.com/woonomic/status/1335631090959015939?s=21

Greatest Wealth Transfer Ever 

You could be right, but it's simply not worth the risk selling BTC at this point.

/not going to commit an unforced mindrust

The most frightening part is that we know they can't stop.

All this money is just a digital paper bag, plugging a black hole becoming larger somewhere in the financial system. It could continue so for a long time like this.

At some point though, people will catch on and smell a fire.

Trust in a currency can fade fast. Especially in a 24/7 fully digitally connected world   

Tweet from Willie Woo 


Does this mean that if Bitcoin goes sideways for a few weeks, we will have an Alt season? 

It's coming 

Relax.

It's on automatic 

Normally, I would tend to agree. Indicators are weakening so the rally is becoming really long in the tooth.

But there apparently is relentless buying going on. Slowly but steadily. So I think it is more realistic to see $20k today than bouncing between $18880 to $20220 for the next 30 days.

This time it's different.

You can also sense a rise of 'acceptance' of stable coins in the broader markets: https://cointelegraph.com/news/visa-will-facilitate-usdc-payments-thanks-to-fresh-partnership

Will suck up even more fiat into cryptocurrency, eventually 

Its amazing that everyone is so relaxed while we are near ATH. This is fine.

Great. Will give it a try 

Apologies for turning WO into a car thread 

The only money I will burn is spending it on this:



I will drive it until it falls apart.

I learned not to act on my bearish thoughts 

To 'ourselves'.

You've gotta reprogram yourselves to the standard economic line of thought in order to get along in public 

Posted the appropriate link already: https://bitcointalk.org/index.php?topic=178336.msg55725190#msg55725190

I take as default scenario that Bitcoin will longer around these levels for a while while indicators cool off a bit. And then, after a few weeks of rest and pounding the bottom range, a decisive break upwards.

That does not mean that ATH won’t be breached in the meantime.

I am saying so because from a technical perspective the momentum indicators are starting to show fatigue.

But on the other hand: Bitcoin tends to surprise us. Big Time 

Apologies, the link came with copying the Tweet text. I did not know the link was to a Medium article instead of the Tweet itself.