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Break 10k consensus formed, but no party atmosphere

@konduchi
1 min read
07.06.2020
BTC

In different places in crypto social media one may notice a general consensus that 10k will be broken at some point. And there are those who say that even if it were to dump they would not be worried by it, and would even buy it. And, the talk of needing a higher low before gains seems to have final gone.


It suggests the possibility of a dump actually happening, enough to shake off the sense of complacency that has formed. It’s a tough call and this insight is just to say we should not be surprised if it happens. Furthermore, what suggests there are still gains to be made in the not too distant future, is the lack of enthusiasm and jubilance right now. There isn’t a party atmosphere.

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