Crypto…
…mustn’t follow any of your logic. Decentralization beats to its own drum.
The bear market (for Bitcoin) went Saturday to Saturday. 1 year exactly. While intraday highs and lows happened closely around the 2nd and 3rd weeks of December, the average high of $19,202.60 hit on Saturday, December 16, 2017 and the average low of $3,225.87 hit on Saturday, December 15, 2018.
Elton was right, Saturday Night’s Alright (For Fighting). But then again so was Varun Dhawan.
Who led the D-round?
We might not have Fidelity, Bakkt, or any institutions to thank for spurring this rally, it could all be around what we are calling the catalyst to the D-round for Bitcoin.
The $1,000 price increase we saw on April 2nd had a larger impact on sentiment than the recent $3,000 price increase over the last 2 weeks.
All of our social and price indicators lit up, it was a shot a life. Since then, the indicators have held high, but not increased further.
Everyone knows what happens when someone decides to lead a round, the rest of the money comes flying in from every direction. So who led this one? We’ll give you a hint, his name starts with an S.
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