[CryptoButthead.com , msch, bsch, October 2, 2023] It’s me, Ash, typin’ away while Booker’s got his nose in the crypto space, tryin’ to sniff out what’s what. We been chattin’ with the folks in front of Wall Street, and lordy, we got more questions than a cat’s got lives!
So, y’all heard? Bitcoin popped like corn on a hot stove come the 1st of Uptober. Oops, I mean October, but folks are callin’ it Uptober like it’s the new cat’s meow. Bitcoin’s struttin’ its stuff, startin’ the month with a firm step past $28,000.
Now, after a mixed bag in September, folks were bracin’ for a wild ride, but the bulls took the reins, leadin’ the charge into Uptober with the best weekly close since mid-August. Excitement’s brewin’ like a pot of mama’s coffee over what might unfold in the comin’ weeks.
Stop! Hold your horses! Even with Bitcoin hittin’ new local highs of $28,451 on Bitstamp, we ain’t fully convinced. Sure, we’re gatherin’ up Bitcoin and Ethereum (and none of them, uh, “altcoins”), believin’ in their climb. But we’re keepin’ our eyes peeled like taters at supper time.
With yesterday’s price dance, ’bout $36 million worth of BTC shorts and $23 million worth of ETH shorts got their britches in a twist, gettin’ rekt by the sudden leap. Our pals over at CryptoChickZ.com are feelin’ pretty peachy ’bout the uptick, bless their hearts.
But for now, that’s the long and short of it. We’re watchin’ the market, not quite sold yet, but hopeful as a hen watchin’ her eggs. Catch y’all later! Peace out! Ash & Booker, signin’ off!
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Disclaimer: Yo, this is Booker your CryptoButthead talkin’, man. This article is for entertainment purposes only and does not constitute financial advice. Invest responsibly, y’all! Don’t take it too seriously. Crypto investing is serious, just like any other investments. Get real info, dude. Remember, investing is extra risky. If you don’t know, ask someone who does. This article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Furthermore the author(s) of this article may or may not hold a position in the mentioned stock or digital asset. None of the companies or organizations discussed in the above article have paid for this content. The information provided in this article should not be considered financial advice, and readers should always do their own research before making investment decisions. However, as with any investment, there are potential risks and uncertainties to consider, such as potential regulatory changes, market volatility, and competition from other players in the industry. It is important for investors to carefully monitor this stock or digital asset and its performance over time to make informed decisions about their investments. cryptobutthead dot com is a project of The SiLLC Assembly. This site is for entertainment purposes only. The owner of this site is not an investment advisor, financial planner, nor legal or tax professional and articles here are of an opinion and general nature and should not be relied upon for individual circumstances.
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The post It’s Uptober Y’all! 🚀 Ash & Booker’s Take on the Bitcoin Bounce! 🎉 first appeared on cryptobutthead.com.
Ash and Booker, the dynamic duo from CryptoButthead.com! Hailing from the heartland, these two hillbillies have traded their banjos for blockchain and their moonshine for mining rigs. With a unique blend of rustic charm and crypto savvy, they navigate the digital currency landscape with wit, humor, and a touch of good ol’ country wisdom. Whether they’re breaking down complex crypto concepts or sharing tales from the backwoods, Ash and Booker bring a refreshingly down-to-earth perspective to the high-tech world of cryptocurrency. Yeehaw and hodl on!
