~snip
Unfortunately the rally didn't continue and bitcoin is now down by 22% from the peak it had reached after a long time. But it is really great to see that Indians a re taking bitcoins seriously and pouring their money into it.
It is good to see that the market was able to breach the $10k multiple times during this push but was not able to sustain much longer and i was eagerly waiting whether the resistance could be broken and made a stop loss order at $10k as i expected the market to have a small correction if the resistance is not broken but did not expect 22%.
That's really a positive sign after all the fights we had with the banking system. The halving indeed helped to generate mass interest among the mass. Just see the below search term in Google Trends,
People love to cash in the opportunity and it is not surprising that the searches peaked by April end, they get in before the rally and get out after that and that is the usual trend i see from past experiences.
