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Hello $30K My Old Friend

bitcoinbinge.substack.com

Hello $30K My Old Friend

I've Come to Talk With You Again... bitcoin's +85% YTD. BlackRock bitcoin ETF?!? Institutional wave incoming ahead of the next halving?

Jun 24, 2023
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Hello $30K My Old Friend

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Hello $30K

My Old Friend…

$30,000 has represented both support and resistance in bitcoin’s history. I would contend that $30k is the takeaway price from the current cycle.

$30k isn’t $70k (the all time high).

It’s not anything in between.

But… in some ways…

$30k is the price that matters most.

It has established itself as a sort of “target price” in this marke…

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