Bitcoin bulls keep pushing — BTC reaches the $27,000 mark.
At the time of writing, the pair circled $26,500 with volatility ongoing after the Wall Street open.
“They’ll tell you it’s not QE, but the numbers don’t lie. Roughly half of the reduction from a year of quantitative tightening has been erased in a week,” trader, analyst and podcast host Scott Melker, known as “The Wolf of All Streets,”For market commentators, belief was there that the uptrend could continue despite stocks producing sideways action on the day.
“For me and my portfolio, I’m largely done trading stonks. What’s the point? I generally buy and hold and don’t trade around my positions that frequently. If I believe what I wrote, then I am signing myself up for underperformance,” he revealed.
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