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Dec 2, 2020
11:03:28am
grosven All-American
Did BTC get major institutional backing last time? Is demand not higher now?
Is supply not more constrained now? Is money printing not increasing at a quantum rate all over the globe? If Bitcoin really does work, and it has the potential to, these things are bullish for BTC. That is the if. It's a speculation, but the network effects are stronger now and it has potential to really disrupt payments.

The former top is resistance, I agree. I use charts for short term trading, and I'm saying I understand what you are saying. There are other technical correlations such as M2 money supply and volume which say it really is different this time. There are differences.
grosven
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grosven
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Jun 16, 2024
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kccougar Truly Addicted User
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