“Bitcoin Nears $40,000 as Shorts Fuel Rally on Amazon Speculation”
July 26, 2021
“Bitcoin surged near $40,000 as a flurry of short-covering intensified a rally apparently sparked by speculation over Amazon.com Inc.’s involvement in the crypto industry… As the largest digital token gained on the speculation, investors rushing to cover bearish bets fueled the rally, with the coin up as much as 15% to $39,681 on Monday. More than $950 million of crypto shorts were liquidated on Monday, the most since May 19, according to data from Bybt.com…”
https://finance.yahoo.com/news/bitcoin-surges-amid-short-covering-031129556.html
Some projections of bitcoin over the next 5 years is around $500,000 a coin. Don’t sell no matter what.