Oh my goodness gracious. After early week doldrums, tight ranges and minimal volatility, suddenly TODAY the urge to dump digital derivatives became overwhelming. In the end, it's just the same old bull market pattern two-steps-forward-one-step-back higher highs and higher lows....but watching it play out in real time is enough to drive you mad.
Look, I suppose I could go over AGAIN how this type of price action is 100% consistent with 2010 and 2019 and how all of this will be forgotten when price rallies further in the back half of this year and into 2024. But do you need to hear...
