60 BITCOIN is at $41,000 right now... a Massive liquidation of assets is attempting to hide in the digital currency // FOLLOW THE MONEY (www.kitco.com) posted 3 years ago by Oh_Well_ian 3 years ago by Oh_Well_ian +60 / -0 24 comments share 24 comments share save hide report block hide replies
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.