>RSI close to 100 for several weeks straight, only goes up, behavior never seen before.
>Not a single red candle for these several weeks.
>Already close to ATH, when it breaks it will moon even more.
Is Bitcoin never going to dip again until it's above $200k? Will longs ever be liquidated?
BTC 3 days chart
>this time its different
Im a brainlet is this good or bad help me
it's bad. sell sell selll
It's really really bad, user. Sell now. DUMP.
Are there any resources/studies out there that show relative national contribution to BTC/crypto purchases? I get a feeling that this is worldwide inflation-fleeing, particularly from China but to a lesser extent Argentina.
btc is in no way a hedge against inflation, it's a highly speculative asset
It definitely is for Argies (700% inflation relative to the USD over the last 5 years). The question is how many countries are large and wealthy enough to even affect BTC prices noticeably.
13k inbound sooner or later, i stabilized some of my wbtc already. Most still in, cause i am a pussy
there is no reason to buy it when you can buy dollars and or gold, these two don't tend to dump 50% in a couple of days
the only reason to buy btc is if you are a gambler