Afternoon all.
$BTC just ticked under 2 weeks to go until the halving and price has been on the up since my last post, the whole crypto sector doing quite well in tandem with global risk appetite returning.
For example, the $SPX500 is up 13.10% this month and Bitcoin is up 20.15% as I write this.
If the optimistic sentiment that is helping drive stocks can maintain itself then it bodes well for the price action into the halving for Bitcoin and the altcoin sector.
Looking at a few others, here are the moves so far for the month:
$ETHEREUM +46.85%
$ADA +56.52%
$XLM +72.39%
$XLP +19.02%
There’s still along way to go before the prices get back to looking healthy when compared to 52-week highs but it is looking better and it doesn’t seem like it would take much to see Bitcoin challenge the $10k level again.
I’ll post another update when the countdown goes under 10 days to go.
Thanks for your time.
