In general all this time we keep rising. If you see the whole picture there is not any downturn.
We just experienced a small correction this week but still Bitcoin price is still going up.
Simply a matter of time, The high price is unsustainable at the current price the bitcoin market will need ~$20 million in new investment per day simply to pay off the miners. That price does not include the speculators who bought at 13k and 12k who will be wanting to sell if the price doesn't reach 20k tomorrow/ Monday.
I publish cash flow information so that others can see what I see and use their own judgement on where the market is going and how they want to invest or divest. You can find sample analysis here:
https://www.amsinger.org/sample-analysisThis original post was me pointing out how hash rate could fluctuations could be linked to short interest. If you are wondering the short interest is the highest it has been (in dollar value) ever on bitfinex. You can find short information here:
https://bitcoinwisdom.io/markets/bitfinex/btcusdshortsIf you would like to be this aware and confident about the bitcoin market, please consider utilizing accurate and true information.
Much love and I wish you much profit!
Aaron
