I disagree with this analysis. If you check the graph you will see every bump happens after Trump has a bad news. This is people who know Biden will bring about the Reset, and are converting their USD to bitcoin to tide over the Rest. I know friends who have been doing this as well.
If Biden is inaugurated, it is expected to hit 250K per coin.
But when the news comes that Trump is reseated, this is all going to crash.
I disagree with this analysis. If you check the graph you will see every bump happens after Trump has a bad news. This is people who know Biden will bring about the Reset, and are converting their USD to bitcoin to tide over the Rest. I know friends who have been doing this as well.
If Biden is inaugurated, it is expected to hit 250K per coin.
But when the news comes that Trump is reseated, this is all going to crash.
This is hedge fund money and money laundering pouring into bitcoin, not your neighbors and pals.
I provided the daily chart, but looking at the one year chart, your analysis does not hold water.
Bitcoin is up nearly 1000% in less than 7 months.
It was at $13,700 on Election Day.
I have been checking only since Nov 3rd. No idea how things went before that.
This is central bank ledger money seeking safety. Correct.