It’s called a melt up.
Go, go, go, go....got in it at $22K
Last time got in it at $25K and got out at $68K
Crypto Ping List!
I figured Bit Coin would not be back for a few years. It’s high was >>>>>>
The all-time high price of Bitcoin (BTC) was $67,566.83 on November 8, 2021 1. It’s fascinating to think that Bitcoin, which started with a value of $0.0009 per coin in October 2009, (Bing AI)
OK so I rarely look at my Coinbase portfolio.
It seems I have a current balance of $2,364.65. $333.79 increase from last week.
And Bitcoin is 75% of my portfolio. The app doesn’t tell me exactly what dollar amount my Bitcoin increased, but
Etherium Litecoin and others are pretty insignificant.
but it’s still a useless computer calculation
Yup knew it was going to happen.
The halving is some time in April. Expect a $100,000 Bitcoin this year. Probably around November.
This is beautiful for the Alt coins too. Bitcoin will carry them up.
Bitcoin is now the 10th largest asset in the world by market cap. See the link below.
I wonder what the P/E is? or book value. /s
Demand, meet Supply.
Take a good look. Supply is going on a diet in April.
Remember the Jim Cramer rule of investing:
Buy when the price is high.
Then when it crashes panic and sell low.
Lol.
I’m going to guess 50.
Tulips huh? IF you bought long term at just about any point you would be ahead and probably a lot with BTC. And probably a lot more than just about any other investment. A currency collapse will fuel it to the end of the petrodollar IMHO.
Simple economics. ETFs, the coming halving, FED money printing and huge investors with FOMO: The simple Econ 101 Supply and Demand equation will require even more positive outcomes in the future.
I am not investment advisor, so don’t do what I suggest,,,, and maybe you are the type that prefers Jim Cramer’s advice, with his campy sound effect button board he slams as he screams... Good luck with that.