Bitcoin has had a superb year for itself. Even though 2024 isn’t even half over, $BTC has moved up hundreds of percent, and it has neatly been banging inside its gently-ascending rainbow. All is well, right?
I’m not so sure. Take a look at what happened with what was looking like an exceptional little rounded bottom, which should have lurched $BTC toward $80,000. Instead, it has done nothing but sputter for days on end, and the price has sunk within the price range of the saucer.
What I’m saying is that it doesn’t look like this launch is going to happen, and with all assets joined at the hip, you can expect a crypto fall to create an equity fall as well.
