Bitcoin’s $20,000 Question
2022.06.20 09:45
For those who may have missed it, I bought BTC as close to the bottom as I think humanly possible (which, for me, is sort of a lifetime first for ANY asset).
I dumped it for a 9% profit about an hour afterwards. I mean, honestly, the price I paid was away from the lowest price of the day.
Maybe I should have held it just because I got so lucky!
BTC Chart
But here’s the far more important thing: the fact that crypto has broken key support. In particular, the Big Round Number of $20,000 is all that matters for BTC. Indeed, as I am typing this, it got within FIVE BUCKS of it (!!!!!!!!!!!) before falling again. Key an eye on crypto.
BTC Price Chart
Whether it can accomplish getting back above $20,000 by pre-open on Tuesday will inform the stock market’s direction.
