Yup, trading at $3380. Hope restored once price breaks $4k, and then a gut punch as it drops back down below.
Add to that the SEC delaying an ETF ruling and ICE’s Bakkt delayed, more not-so-positive news.
However, a prominent Crypto advocate on Twitter recently said, if you were long/buying/long-term at $20k, you sure as hell should be at $3K!
If you’ve got money to bleed and your outlook is suuuuper-long, then yes, I agree!
And regulation is/has been coming. Unfortunately, there isn’t a single entity putting that in place.