Amendt on Nostr: https://m.primal.net/JNel.jpg #bitcoin priced in #gold Clearly to Dr. Jeff, the price ...
#bitcoin priced in #gold
Clearly to
Dr. Jeff (npub1k7v…c04l), the price of bitcoin climbed too far, too fast prior to the April 19, 2024 halving... primarily because of the spot bitcoin ETF approval hype.
The price is now consolidating and RSI/MACD indicators are getting reset.
This is healthy behavior.
Historically, the period of time between the yellow and red vertical bars is where the greatest gains (in percentage terms) are made.
Published at
2024-07-12 03:46:13Event JSON
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"content": "https://m.primal.net/JNel.jpg\n\n#bitcoin priced in #gold \n\nClearly to nostr:npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l, the price of bitcoin climbed too far, too fast prior to the April 19, 2024 halving... primarily because of the spot bitcoin ETF approval hype.\n\nThe price is now consolidating and RSI/MACD indicators are getting reset.\n\nThis is healthy behavior.\n\nHistorically, the period of time between the yellow and red vertical bars is where the greatest gains (in percentage terms) are made.",
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