Bitcoin dipped, now it's ripping

After a bad day and some consolidation, the price is back to breaking out to the upside.

Check it out:

(Source: https://twitter.com/MMCrypto/status/1662101882972819458/photo/1)

This is mostly related to renewed optimism on a debt ceiling deal getting done.

This of course is followed by pessimism on a deal getting done yesterday...

So, as always, take it with a grain of salt.