Bitcoin Rules – But Not Yet… Vitalij Sova/iStock via Getty Images
Follow Not Your Heart on Bitcoin
I’ve recently seen a number of bullish prognoses for Bitcoin (BTC-USD). While my heartstrings pull in that direction, my rationale self – as well as my reading of the tea leaves – eeehhh I mean technical charts – tells me it just ain’t so.
First a bit of recent history. In the midst of Covid despondency, Bitcoin reversed a preceding rally and plunged to a low of $3948 in March 2020.
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