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.
DCC Price at posting:
8.5¢ Sentiment: Buy Disclosure: Held
