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So Bitcoin is over $72K right now, amazing! Will we get near 100K before the halfing in 36 days? I think BTC will continue to rise for a while. There are still super large inflows into the BTC ETFs. Today we heard the UK approved BTC ETNs which is their term for an ETF. Michael Saylor bought a ton of BTC at these prices over the weekend. All good signs of continued heavy demand.
The only cautionary sign is the Fear Greed index being at 92 out of 100 which is extreme greed. That happens before corrections. We don’tkknow how long until a correction but they always come after big run ups in price.
Here’s a 41 minute video from IvanOnTech and a 7 minute video from Toby of Crypto Tips if you want to see why they are both crypto bulls.
was doing chores outside. Then a nice walk at night. It was 50 degrees but not windy so it felt nice. Then I climbed 40 stairs.
Enjoy the crypto pump! If we’re careful and manage our money and our emotions well then I think we’re all going to make it!
Have a nice day!
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11/03/2024
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Daily Activity, Stair Climbing, Walking