Bitcoin at $22k - > Hello Old Friend

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What a nice way to finish off Friday and usher us into a beautiful weekend with a great Bitcoin pump to $22k and above, I would say I feel bad for those who short Bitcoin a few days ago and were expecting new lows because of the recent correction back to $20.5k after Bitcoin hit $21k but I would be lying but still I do not wish for anyone to lose on their investment because this is January and there are a lot of bills to pay.

But still, they where too quick to start shorting Bitcoin after that recent pump before this current pump, I always say never bet against Bitcoin for long term but I know this was more like a short-term trade but the shorters would have either waited to see a downtrend confirmation candle after the pump before taking their trade but then again who am I to tell them what to do with their money, it is their money and they can do whatever they want with it and as they please to.

Some bear shorters got recked due to ego because some bears shorted the whole move from $16k to $22k and might have been liquidated already if their accounts are small and if they have not closed it yet by themselves because they have this belief that Bitcoin must and is going to $10k, not to jinx it or anything because I know this is crypto and anything can happen but I doubt and I do not see bitcoin hitting $10k as they expect but let us watch and see what happens.

It is not bad to be bearish sometimes but it is even more important to understand and admit when you are wrong and change your
views rather than holding your target just because of ego as I have said earlier, which is the reason most bears got recked or are getting recked. Bitcoin has surpassed the $420 billion market cap and it is currently trading at $436 billion right now which has made the entire crypto market pump again and the Global Crypto market cap is now above $1 trillion again twice within one week.

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