Awakening Bitcoin: Is the 'Sleeping Beauty' of Crypto Ready for a Royal Rise?
- Vincent D.
- Oct 2, 2023
- 7 min read
-EXCLUSIVE- Last time we bought Bitcoin was in early May at around $26k. Since then, Bitcoin has done nothing, trading most of the time around $26k with a few attempts at breaking $30k and selling off down to $25k. This was predictable, and back in February, we made it clear that after every push out of the low and before every halving event, there is usually a period where Bitcoin is simply boring and does nothing. The good side of this boring trading range is that Bitcoin is currently very easy to hold, particularly when the current stock market experiences turbulence. I don’t think we will see a period again anytime soon where Bitcoin has almost less volatility than the bond market! If Satoshi is still alive (some think he is not), he must be laughing right now.
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