Likely a combination of things given the news today. Expecting quite a dip after the spike, though - what about you?
Might be a post spike dip. Might go lower than my panic buy at $618, but I don't care. This upsurge turns all bearish arguments and technicals on their head.
But that is me now 100% bullish long term.
Have been saying for days that I just haven't been getting the same fear of Bitcoin that I previously had and have actually been feeling positive about for the first time in a damn long time. Still, the intellectual doubts lingered that we must surely retest the $400 range before the bottom can be confirmed.....but it don't look like it is going to happen.
I am now 100% Bull at least for the short-medium term.P.S What news?
I was expecting quite a bit lower than $618, too, if only briefly.