Posts

This is the reason I laugh when stock market talking heads call Bitcoin a bubble

avatar of @scaredycatguide
25
@scaredycatguide
·
·
0 views
·
1 min read

Just glancing at the chart of the US stock market quickly makes me feel good about bitcoin. Funny part is the chart below is of the S&P 500 which isn't even up as much as the tech heavy Nasdaq.

Why was it bad when bitcoin looked like this???

Look at that last couple of weeks, boy that is a move. And the last few days the chart has gone vertical.

Hard to enter any new longs as this bought, the risk reward level is not favorable regardless of it going still higher.

I just find it amusing when Bitcoin makes a rally like this it tends to get hated on my all the non-crypto folks.

Posted Using LeoFinance