Bulls seem very hesitant in taking this above 255, why is that?
good question.
dont be fooled by bids. bulls just flashing their hands and it does not look so impressive from here.
I'll be impressed if we make 300 by next spring.
LOL
People seem to have completely forgotten that we got to $1.2k despite the infrastructure and exposure being 10 times less back then compared to now.
good shit!
You missed the point.
Early speculators bought when the "infrastructure wasn't there", dumped when the
It's some sort of "buy the rumor, sell the news" kinda thing, only on a larger scale.
As soon as they understood that "infrastructure" was bascially gullible people investing in mining companies going bankrupt, startups that are set to fail, exchanges that run away with customers money goxxing everybody "KthanxBai" style, bitcoin ATMs with 10% fee (lol), they started to unload on your heads.
Just a little "investing in pump&dumps 101".
You are welcome.
Happy investing!