Bitcoin hits $17.7k as there's a lot of green on my screen!
Bitcoin is in runaway train mode
As I type, bitcoin just keeps surging.
It was around $17k a little over an hour ago, now it's getting up near $17.7k.
It's looking like a mini parabola on the 1 hr chart:
(Source: https://bittrex.com/Market/Index?MarketName=USD-BTC)
How high do we go in the near term?
I am feeling a bit sheepish because I sold a little last night around $16.7k.
So, it's already up $1k from where I sold some in less than 24 hours, yea that makes me feel good!
Things just seem too hot and like they need to pullback for a few days, but there is no pullback in sight currently.
Luckily I only sold about 15% of my total BTC holdings, so it's not going to kill me if if just keeps going.
On the plus side I have some dry powder if it does eventually dip, the problem is that the higher it goes the less likely it is to come back to much lower than where I sold some.
Oy vey!
I hope you did not sell any of your hodl position BTC, but only your leveraged gamble position BTC. LOL High times coming in the next 24 months.
Unfortunately is was a part of my HODL position. Need a dip now!