Think about that...we used to think 20k was high not too long ago...I thought $400 was high back in 2015 lol... Anyway this is what happens before it launches to the next level....it lulls you into new norms. What would seem crazy high now? 150k? $250k? I think it will blow through 100k and not look back...it could retrace there of course on the next cycle.
Cpi data is going to send it to 42k and nvda earnings will have it to 44k and once they cut rates in September you'll get 46k and by Christmas 50k. Don't forget the Santa clause rally on top of the rally on top of the rally and the other rally. That will bring 53k by new years Just keep buying. 50k is literally days away.....
I think buyers and sellers are getting lethargic at these levels...we could meander for a few months here and then I expect something to happen...I mean the talking heads think the sky is falling every time this goes from 70k to 50k lol but to people who have been around bitcoin a 30% move doesn't even hit our radar.