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RE: BTC - New top done - Volume decreasing

in #bitcoin7 years ago

Can you see any other correlated events that might explain this meteoric rise in bitcoin? In other words, are there any possible explanations based in a reality aside from graphs of price? I am not necessarily saying you are wrong. I am just trying to poke holes to see if it floats, as well as to get a more geernal understanding of the basis of value in cryptocurrencies.

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besides segwit 2x coming bitcoin had a big week with the announcement that wallstreet wants to get into selling bitcoin futures and derivitives as well as Amazon suddenly buying crypto related domain names.