BTC: Sentiment Too Fickle?
What I am about to say to you has been said before. I will get excited once BTC goes above $72 - $73k. Until that time, there is nothing to see here. Many will not agree with what I am saying, but are you not tired of listening to the pundits? Pundits have so many explanations but no satisfaction. The up-and-down price movement of BTC is exasperating as the price should be up.
A cursory glance at the chart below shows an area of supply between $68300 - $72000. To enjoy the price of $100k and more, we first have to break above $72k. Second, a fear-and-greed index value of 70 and above. Until that time, your guess is as good as mine.
