Last week a new established all time high for Bitcoin in December began to seem out of reach. That’s why one thing that occurred yesterday was absolutely HUGE and seems to indicate that once again we are still on track for a new Bitcoin all time high within the next two weeks. What will the catalyst event be to send us over the moon? We have had some monumental Bitcoin news that is setting up the ending of 2020 to be a fever pitch for Bitcoin.
This week Google went down, the US treasury was hacked, and India is in the middle of a worker’s strike. We’ll discuss these HUGE news stories and how they have affected the price of Bitcoin. How much does news like this ACTUALLY move the price? Is something else responsible for the Bitcoin price movement? Find out as we dive into tokenomics and technical analysis.
01:55 Bitcoin price
02:57 Two perspectives on what affects BTC price
05:44 Why BTC is superior to other money
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