As Bitcoin approaches $40,000 there seems to be very little sell pressure as it is rising on low volume trades. When there is a lot of sell pressure the volume of sales increases as the price goes up. We've been in this range for long enough those who have become disenchanted with BTC are out, HODLERs are holding and any buy pressure is moving the price.
Also, almost every ALT coin I hold is up and some of them substantially. My biggest winner from a percentage is Strike Finance, trading under the ticker #STRK. I don't hold much and don't even know what it is, I received it one day as an airdrop and didn't even know what I did or held to get it.
An average ALT up in my wallet is about 10%.
It's still my theory that any major pumps will come in September, but it's nice to see some market movement, and I think $42,000 BTC will have more resistance than $40,000.. But time will tell.
There is still no shortage of FUD and complaining about crypto, in general, coming from mainstream sources and those who are easily manipulated.
All news is good news and holding a controversial investment is better than holding one that one knows or cares about.
I'm feeling short-term optimism and long-term bullish!
What are your thoughts?
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Tough times separate the men from the boys. Now that the Fear has been minimized, it's time to get Greedy. The HODLer's rocket is ready to take off. $80K in a bit, no doubt.
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Well, after that first attempt at $40K that immediately cratered, $40K is now in play again, but the volume is a little stouter this time... and it doesn't seem like there's going to be an immediate $2K dump... we'll see.
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According to the graph, BTC is on the rise, but only time will tell, ready to make good investments.
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It’s need to cross BTC price $40k. By the end of this year BTC price will more than $60k again.
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There is a popular adage: "dawn and we will see" ..., of course, with a positive mind hoping for the best. Greetings.
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Good luck sir @whatsup
Thank you for support me 🙏
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It is definitely on the rise, you just have to be patient, wait to be able to invest.
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