As this is Risto's quality TA thread, could we please analyze the crash that occurred last night? Do we have some TA to account for the reasons or do we know nothing about the reasons?
launch pad is clearly at 550 USD. Just waiting for the traders to come back from their holiday and some good anouncements: paypal/ebay adding bitcoin + COIN ETF approved by the SEC
Delusional. Summer vacation lull is a myth, and this community puts way too much emphasis on the Twinklevoss ETF. Tell me why exactly investors will rush to buy in to an under performing asset just because it's packaged into an ETF? Everyone and their hairdresser is now aware of bitcoin... if they had wanted to invest in it, they would have invested in it. Clearly, the last 9 months are telling us something: they're not.
Some investors cannot invest in Bitcoin because of regulatory concerns. The EFT enables huge amounts of money to be invested with no friction