(NFA/DYOR) BTCUSD: Remember the bigger picture.
I have not yet seen anything that justifies sh*tting one's pants, unless something truly serious unprecedented happens, like breaking below the 200 week simple moving average (shown here in a lovely blue), which we have tested in the past but never broken. After each halving, we have ALWAYS set a new all time high. I personally haven't seen anything convincing that says institutional interest and overall interest in bitcoin and cryptos as a whole is going down any time soon, and the rate at which new bitcoin is issued only ever goes down, not up (hooray for controlled supply). If the concept of supply and demand is to be believed, then what does that tell you?
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