And just like that, we've gone past $12,000 already. That was quick!
Indeed, impressively quick. Let's see if it'll hold (or go higher!)
This is now the unfolding of the bullish Bitcoin outlook. Bitcoin dominance has also climbed past 60%.
Yep, some altcoins had quite a drop vs Bitcoin. But we can't have everything. That's why everybody tells to have at least 50%
BTC in the portfolio.
All in all, this might be suggesting of a bullish Bitcoin market in the last few remaining months of 2020. I guess there's much to gain for Bitcoin from the economic downturn of all countries in the past several months of 2020. We'll see whether this increase will be sustained in the next days and weeks.
We are waiting for a break out since halving. The pressure grows. At some point it'll happen. Is this "the sign"? I can't tell. We have to wait and see. We always have.
I got used to not hope too much lately. That's also why I wrote previously to lower the expectations. Lately this suits me well, when I am wrong, I am happier