Do you think that this skyrocket has something to do with Facebook's(Meta) massive drop? It could be the whales from there that have taken their share moved some of their wealth into bitcoin. I'm only thinking that it's one of the reasons on what we're seeing right now and it's my just mere opinion about the recent pump. It's likely that it will eventually hit back $41k.
Stock market is down, and I'm under the impression that investors are shifting to bitcoin right now that's why the massive increase which is very unusual because it's weekends.
So I would say that we shouldn't be jumping for joy, we will have to see how this spike will go. This might be a bull trap for all we know.
Yeah, that's what I'm thinking about. So aside from the drop of FB, there's also the stock that has been down and usually, when the others down, the other should be up.
I'm happy to see how it's going and with the debt of USA going up as well. Investors are putting their money to the best bet that they can and for now, many of them think that it's bitcoin. Hope this continues until it confirms breaking the usual cycle we see.