Well said, a lot of it is Bum guff, normally from people hoping to gain on the downside, it's great its back on the upside, but we will have to see how long the bulls can run, the last Bum guff I heard was it was all to do with Hong Kong and the trouble there.
Yeah, I don't think it'll be a problem for the bulls at the minute. No one wants to sell, and millions of dollars worth of short positions are being liquidated week on week which is pushing the price up further.
The halving literally removes half the new supply. Meaning the demand is effectively doubled.
I think we can expect this
pump n dumpmarket cycle to last a lot longer than previous ones.