INCREDIBLE PUMPING
![pexels-rodnae-productions-8369648.jpg](https://steemitimages.com/640x0/https://cdn.steemitimages.com/DQmcDCNghLNizP4oB792bKNNZtdZz7RMjdD6bLdLjN39T9A/pexels-rodnae-productions-8369648.jpg)
We figure the FED funds policy, you are seeing the level is going to remain at 5% for most of 2023. So you don't have that drop in rates that can stimulate the Bitcoin surge again like the past bear market ending nor do you have quantitative easing going on, both of which are likely to come this year. If you look at the chart of Bitcoin and see the bull run has got experience, it looks big but is important to zoom out on the chart. I think it is important to it in perspective. The recent move-up is what is getting all the hype and it is very normal because people have been kind of lulled to sleep with no volatility. I think we had the lowest volatility in Bitcoin history. So it was kind of dictating that something would wake things up.
You have to look at the market closely and see if there is anything to get excited about. Where I am to begin to get a little bit excited is if we were taken out of the high which is the beginning of the FTX collapse we saw FTX and all the fraud, that is if we could get above that psychologically, I think that will be positive for Bitcoin. If you look at the stock market, you will see these bear market rallies that they call to rip your face off rallies because they are so intense and they get so much excitement from bulls. But again, if you look at the stock market, there are some moves like that. Since Tesla topped out, it had moves of 30%, 64%, and 50%. Here was are with Bitcoin up 25% off of the low. That kind of falls right in the midst of these moves that we have seen in Tesla and I do like Tesla and the type of people that are investing in Tesla as the as same that kind of get involved in Bitcoin and kind of have that mentality.
https://twitter.com/special78122/status/1617846480123101185?s=20&t=xbfaoeaLggXOOKmEWdXc1w
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Finally, the bad days should be an end for the crypto users. This pump will continue I hope. Lets see.