aoeu on Nostr: I’m liking the steady prices for now too. It seems to have good support above 100k. ...
I’m liking the steady prices for now too. It seems to have good support above 100k.
I bet once there is some more clarity about what the EO on the formation of a committee to investigate “digital assets” means, bitcoin could take off quickly. *If* the US government truly starts buying in the amounts that we think they will, there is no way that price is built in. There’s just not enough supply available right now so, given bitcoin’s inelastic supply, that will cause prices to respond upward.
I bet once there is some more clarity about what the EO on the formation of a committee to investigate “digital assets” means, bitcoin could take off quickly. *If* the US government truly starts buying in the amounts that we think they will, there is no way that price is built in. There’s just not enough supply available right now so, given bitcoin’s inelastic supply, that will cause prices to respond upward.