Bitcoin is up not even 10% today, and only to where we were a month ago. Why is everyone acting like we just hit $100k or something?

I get everyone is happy there’s some green today, but we just went back to where we were only a month ago. Everyone is taking about “the journey to $100k has begun!” and “the recovery is here!” but if you zoom out of the charts just a little bit, it doesn’t look all that great. Maybe I’m missing something and don’t understand TA and can’t recognize the golden cross Fettuccini pattern or whatever the hell you draw on the charts, but don’t you think it’s a bit too early to call the next rocket launch?

Submitted October 02, 2021 at 02:02AM

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