Why Bitcoin Reminds me of Humpty Dumpty?
Bitcoin marches on?
Bitcoin is rising again. Not so long ago it rose to close to 60K and then it crashed and spent quite some time in the 30K range.
The Weak hands burnout
Quite a steep crash one must say. However this kind of correction is nothing new for Bitcoin.
Except every time it does that a lot of weak hands get burnt out.
Smart Money knows
Though smart money invariably knows where to move and when. I guess that is why we call it smart money right.
Lay man is clueless
Yet BTC is at it again going higher and higher again! This may be what you think... but as a layman who does not understand chats trading data and such stuff.
In his eyes and perception there are no hard data about how fast or slowly things change on any given day.
One thing most do not monitor & know is that other cryptocurrencies also have great momentum around them as well.
while their marketcap keeps increasing with each passing week like an exponential growth cycle :).
The current price can actually fluctuate depending upon volatility levels & market movement too! So if something happens which affects your favourite altcoin's popularity.
It is worth monitoring to spot a trend and try to make a profit. You just might see changes within hours :)
Even today coins seemed to keep climbing up and moving down giving good trading opportunities.
Be the Bitcoin runner
Run hard but build some stamina so when you are tired you can rest and then start to gain speed and momentum.
Happy running, Hodling, trading and investing folks as