That's the bull run, don't be surprise with this as it's really the movement of bitcoin when there is a bull run.
If you are new to the crypto space, might as well check it's history here
https://coinmarketcap.com/currencies/bitcoin/, so you will know.
There's a chart you can follow.
Nice bull run na talaga. For me, hindi ako masyado nagbabase sa Technical Analysis ng mga tao, dati kase nung beginner ako tambay ako sa tradingview.com. Pero ngayon, sa tingin ko, tama nga yung sinasabi ng mga tao na psychology lang ng market need mo din obserbahan. Kasama na dito yung history nun.
I was pointing on the last bull run so he will have an idea on what would possibly happen this year's bull run.
Yeah mate, you are right, TA is not effective as a tool to determine the current run, it's more on how people will decide based on their emotion and just like last bull run, people got FOMO and when they are in that mode, it's hard to limit the possible price bitcoin can achieve.
It’s about na meron kang naka set na target. TA is good, pero we should have to set a mark where we would sell and buy. Emotions, of course, it’s really important not to let our emotions dictate us what we should do or let us FOMO.
Just know your satisfaction by having a percentage (%) kapag tumaas na ang bitcoin. Always set kapag nag gained na ng profits. I’m basing sa experienced ko about sa naransan ko sa bull market and bear market.
Holding might be a good way, like longterm hold, but kailangan talaga meron tayong cut-losses. And isa yun sa malaking pagkakamali na ginawa ko when bear market happened.
Anyways, Good to be back guys!
LOW $11,732 | HIGH $13,855
Current Price: $12,478
BTC Dominance: 63.0%
Damnnn what a beautiful day