It’s funny how a few analysts predicted a couple of days ago that BTC was now dropping back to $20,000usd as BTC dipped below a support line of I think around $22,600?
They say BTC is due for a pull back and consolidation from the recent jump, before then moving up again and surpassing $25k. (BTC up to $23,260 at time of writing lol)
From my experience, when in a strong bull run, the consolidation can happen when the sp almost freezes.
There’s still an exchange of hands but bulls want in bad so the price doesn’t really drop.
I personally think Bitcoin is in this healthy phase of a strong bull run and the big boys are accumulating at any little dip/sell off.
Price is holding very strong and only a matter of time before it’s next leg up imo.
No pullback necessary!
All we need now is a good update on client sign up for DCCs drawbridge app and accompanying revenues and she’ll be off!
Just my thoughts. Best of luck all.
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