RE: Bitcoin consolidates in terms of price or in terms of time

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Bitcoin consolidates in terms of price or in terms of time

in hive-148441 •  4 years ago 

Understandably some resistance where we are, just South of 20k, since that was the high watermark in 2017. But it’s been a steady long-term climb since then, tempered with a few nasty pullbacks. But BTC seems to be proving a good (although still a little volatile for some investors’ tastes) store of value, reinforcing Buffet’s adage of “time in” rather than “time-ING” the market.

Thank you for your posts; they are my best resource to “stay informed,” against the noise of nutty hype vs. kneejerk naysayers out there! (And just so ya know I also try to research on my own as well.)

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That's fantastic and I am glad to hear that. I do realize that many of my posts have a bullish slant, but that is just because I am extremely bullish over the coming months and year. Hard to be negative with much when the trend will likely ultimately be higher.