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2024-07-25 21:48:38

Jordan on Nostr: Not sure if you saw today's market news, but there was a fair bit of red. While the ...

Not sure if you saw today's market news, but there was a fair bit of red. While the SPX, QQQ, and ETH/USD are DOWN 0.5%, 1.1%, and 5% respectively, BTC/USD is UP 0.5% from opening price. Even gold is down 1.4% today. That tells me there's lots of BTC buying demand at this price level. While BTC ranged as low as $63.5K today, it was bought back up to give us a green candle 😃 I am tentatively expecting continued moves upward 💹. Buyers are going to require a bigger scare than today's Yen/USD turmoil to knock us back below $63.5K. Now if my beloved miners will only realize it's time for a bullish move 🙏
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