Can we be amazed that BTC has been closing above 60k for the past 16 days?

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To me this is bullish. It shows that people are saying “Fuck your 60k BTC, it’s worth more than that and I’m holding.”

When we were hit by the April crash, BTC closed 60k on 11th April, hit at ATH of 64,800-ish on 14th April (3 days later) and then immediately started it’s 50% plunge.

But today, we are sitting at 63K even after “dipping”. Call this hopium, but I’d rather eat facts for breakfast than FUD.

Here are the closing approximate closing prices the last 16 days for BTC:

28th October – 60,602

29th October – 62,280

30th October – 61,899

31st October – 61,358

1st November – 60,947

2nd November – 63,266

3rd November – 62,936

4th November – 61,451

5th November – 61,017

6th November – 61,017

7th November – 63,312

8th November – 67,556

9th November – 66,947

10th November – 64,936

11th November – 64,822

12th November – 64,153

submitted by /u/lordbearwithme
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