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I was waiting to see what would happen when BTC hit the 200 day SMA at $38.7k... and it did not disappoint. Huge buying sentiment to push it back towards $40k. I would be worried if it dipped further, but that is a bullish sentiment.
There were six -30% events during the last bull cycle, followed by a doubling event before the crash. This is the 2nd -30% event in this cycle. And a crash is much less likely due to IIs buying this time and the technology being so much more advanced.
I'm topping up big today.
Bullish. Strong base of BTC $44k to push the prices up as BTC rises again. Much better position now in aligning with BTC and with (hopefully) NASDAQ coming this month, we could catch the rise back up well with an even larger consumer base.
..has pinned to the top of their page (the largest BTC forum account on twitter) an article on Argo's hyrdro-powered #Bitcoin Mining. Elon Musk has liked a few tweets about Argo - fantastic exposure !
If anyone had been on the sidelines waiting for their moment to jump in - today is the day. Fully expecting an open of 110-120p, followed by a steady rise throughout the day. I'm topping up. A NASDAQ announcement this month on the crypto rise would be the best time to push this share higher.