If you are wondering why BTC isn't higher right now, just be patient

in GEMS4 years ago

Bitcoin will have it's day in the sun again, just be patient

There are some out there looking at the stock market and looking at other assets zooming up and wondering why bitcoin is not higher right now.

It's sort of been stuck around this $9k-$10k range for a while now, while stocks have mostly kept climbing.

However, all that may be required is just a little patience...

(Source: https://twitter.com/Travis_Kling/status/1272723767433629697)

Markets often work by transferring wealth from the impatient to the patient, and the bitcoin market is no different.

All that's required is a little perspective and a little patience

Bitcoin is still up roughly 3x from those March lows and is still looking very good on the charts...

After all, what do you call something with consecutive higher lows bumping up against resistance?

Bitcoin...

image.png

(Source: https://twitter.com/RookieXBT/status/1272934587442892801)

What do you think happens from here?

Stay informed my friends.

-Doc

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Hi JC - Still buying $50 per week - looking forward to the future when we are proven right. BTC will be strong.

Yep, same here. That sounds like a good move.