July and August were the time to buy crypto.
Underlying signals were turning bullish while everyone was still scared to talk about it.
People calling for $40K $BTC suddenly feel safer buying higher after a few green monthly candles.
Expensive way to build conviction..
Orlando@thisisorlandoI’ve said all year that the real bullish case for Bitcoin is for it to trade like a hard asset, not just leveraged tech.
That doesn’t mean it can’t sell off with risk assets.. Bitcoin is still a risk asset.
But over the past week, bitcoin:native has held firm through choppy
GIF