According to some "the additude of bitcoin has changed"(tm) and it is impervious to corrections now, so I guess this is how the chart must look in the future.
Not sure if this is going into the final crash to $2K-$3K or just another wave with a support at $8K. It looks like exchange glitches are playing a big role.
Whats with the crazy 3x inverse leverage relationship between bch and btc? Do people still believe that every price movement is money flowing directly from btc to bch? I thought the all the fork business was old news and settled and nothing to do with current movements.
I'll tell you who is buying - Everyone I talk to now in real life, like a mortgage broker, and mention that I do "trading" - they say "oh have you heard about bitcoin? Do you think I should get in?"
It's funny - I've gotten a few texts and emails today asking if I still have bitcoin, have I been following the price, etc.
None of them hold bitcoin, but all bought ETH earlier this year, despite my advice to put it into BTC instead...
If I where you I would sell at 2x the actual price. ... Just because off-exchange transaction from my opinion and perspective should be at least 50%+ higher than the exchange price!
I think that's from back when there were a few crappy exchanges and most bitcoin activity was illegal.
I'll tell you who is buying - Everyone I talk to now in real life, like a mortgage broker, and mention that I do "trading" - they say "oh have you heard about bitcoin? Do you think I should get in?"