Bitcoin on the local evening news financial report...

[ruski]

after news about mining stocks, banks, currencies etc

And Bitcoin has made, uh, some modest movements today... (Bitcoin ↑25% showing in the background, insanely higher than anything before) - reporter is completely deadpan, main newswoman laughs...

Is it insane to think this is becoming a very good reason there is no keeping a lid on BTC? Even in Australia, where the association with SR usually earns it scaremongering stories and bad press, it's right there next to the ordinary financial reporting.

Having sold at $62 and withdrawn most of my funds to wait for a bottom, I'm thinking I may have missed it. I still can't shake the feeling this is a bull trap however.

[blackreplica]

I hate to say it but you missed it. Not saying you should buy now either but who knows. I'm pretty sure 50 was the bottom for at least another 6 months, maybe forever

[phatsphere]

looking at the bidsum at blockchained.com, the bulltrap must be a pretty sophisticated and well funded one.

[ruski]

looking at the bidsum at blockchained.com, the bulltrap must be a pretty sophisticated and well funded one.

A bull trap doesn't mean anyone's out to get you. It's just a pattern of movement.