One of the most ironic posts on posts must be the one I did just back in January called Bitcoin’s Massive Bullish Base, which featured this chart:
The entirety of the post’s text was as follows: “I’m not even going to try to understand the logic, but well-encrypted 1s and 0s of imaginary currency have formed an astonishingly-clean basing pattern, suggesting much higher prices ahead.”
The irony, of course, was that (1) it was a bullish post (2) I’ve never touched Bitcoin in my life.
Anyway, since then…
(Click on image to enlarge)
We have end-of-day data for cryptos, but not the intraday (yet), but as you may have heard, this chart requires some updating based on the past few hours:
Yep, a new lifetime high.
I don’t really have any opinion or feelings (or profits) related to Bitcoin now, except to offer congratulations to traders who have made money off this crazy beast.
Comments
Log in or sign up to join the conversation.