After several months of trading flat, Bitcoin suffered a crash this week which had everyone screaming the end is nigh. However, the whales had a few tricks up their sleeves as always and pumped it back up today where it resides in the mid-8,000s. Percentage-wise, it was a strong move up and if this action continues, we could see a run past 10k by the end of this weekend. If it’s merely a fake out, then we could revisit the 7ks.
Published by John Anderson Smith III
Professor of Nihilistic Journalism at Musée Fragonard University View all posts by John Anderson Smith III