patrick.net

In truth and IMHO I would be sitting on the sidelines if I had cash to enter this market when it comes to BTC.

I absolutely stand on my last 2 comments in this posting and even more so now in that DXY has crazy high odds of blasting off.
For 1 reason the equities are getting a bit frothy indicating some risk-off taking place, not only can you see it in the USD strength you can also
see it in the CHF and JPY all 3 designated as safe $$$ risk-off plays making real the possibility of SP500 for instance tasting the 4k+/-
area at min. The other is the infrastructure bills which are stuck in the mud as these guys try and leverage their pet rocks and on top of this all
the Fed R is going to continue 120bill monthly bond and MBS buying. Regardless of all the continual USD crash talk that is very unlikely at least
in the intermediate time frame in this current environment "cash is king". Take your pick C&H or gigantic W both pointing UP!!! and that is a
very negative correlation to Equities and the Crypto markets...

Lets not forget the ascending triangle ;)

Is there a timeframe for SOON?

I dont know how soon for Tesla but United States’ second largest mortgage company, United Wholesale Mortgage will start accepting payments in Bitcoin and other cryptocurrencies such as Ethereum from the third quarter of this year 2021.
https://cryptotvplus.com/2021/08/second-largest-mortgage-company-in-the-us-to-accept-payments-in-bitcoin/

Time to flip BTC for ETH, not the time to FOMO and buy BTC. I only have dust left of BTC and hold a small amt of ETH
short term to trade for tokens such as XDC and ONE.

clambo says

As I mentioned, a bunch of Bitcoin owners bought in at $60,000+ and they are sucking a hind tit and biting their nails.

What if I suddenly had liked Bitcoin and sold some things to buy it at $60,000? I would be hating life.

WHY?? @clambo
Arent those Hodl'ers in profit???