Why Bitcoin is going higher? $BTCUSD $BCOIN $SPY #bitcoin #cryptocurrency

A Simple Chart I put together showing reasons for people to sell. (I.e. People losing Money by getting it stolen or one of the main guys quitting on Bitcoin)

btc-chart

 

It is very easy to see that Price is currently above ALL of these. This is NOT BEARISH. Most recently when Bitfinex was hacked and then EVERYONE got scared and bailed. Now they are buying at higher prices.

If you would have held after Mt. Gox going bankrupt you would have a winner. (Obviously if your coins were not with Mt. Gox)

DO NOT LET THEM SCARE YOU OUT. 

 

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