BTC touched $20,000 USD just few minutes ago
This is rather unexpected.
We never doubted BTC will return to $20k and higher, but to go from $17k to $20k in the matter of 4 days? Wow!
Glad I have been dollar cost averaging and not wait for the $10k or lower like many people have been hoping.
After a long crypto winter, have we forgotten how quickly crypto can go up?
When in doubt, always zoom out. Right, it is just a blip! A nice one nonetheless.
The trader in me almost want to sell at this level
But what am I going to do with the money once converted to cash? Wait for BTC to drop again and buy back?
This may be very shortsighted, but making 15% to 20% return after accumulating below $17k is a nice sum of money for a short period of time.
It may go down again, it may not. Maybe it is going to go side way at the $20k level, we all hope, so we can continue to stack sats and wait for the real bull market after the next halving.
For now, I will just continue to dollar cost averaging and stacking sats
I am not much of a trader after all. The FOMO further upside is very real.