Bitcoin has finally did it. Shortly after reaching the long awaited All Time High, and after couple of days that began to look like years, smashed through the ultimate psychological bareer of 20000 US$. It took only couple of hours to the first 1000 US$ over that, once unsurmountable hurdle, to be reached. At this particular moment (22:23 UTC), Bitcoin trades between 21000 and 21500 US$.
Needless to say, this might be, in most likelihood, one of the most exciting days of your life if you happen to be a Bitcoin HODLer. And it is difficult to imagine what kind of emotions are experiencing those HODLers who bought in late 2017 or early 2018 and had to experience three years of suffering and frustration before seeing its investment as profitable.
Jutsifialble euphoric feelings, however, even at this point must be tempered with common sense and legitimate worry about future that might prove to be as unkind as three years ago. This worry is based only on experience, but also on undeniable fact that Bitcoin and cryptosphere has just entered a new territory, where old rules might not apply. In the world of 1000 US$ hourly candles parabolic moves upwards are just as likely as those in opposite direction, and all the statistics and technical analysis might prove to be utterly useless. This would recuqire a lot more discipline, patience and mental strength, perhaps even in exponentially more amount than in past three years. But, at least some of us has proven that we could do it. So, tonight a little celebration looks well-deserved.
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Bitcoin has really surprised us this year, although some say they were expecting this bullish movement, but to me, it has surpassed my expectations.
I know in coming years BTC might beat new records
Posted Using LeoFinance Beta