Bitcoin goes up, so it must come down. What goes into the price of BTC?

Bitcoin has set yet another new all-time high — $73,835 on Coinbase BTC-USD on March 14. This means bitcoin is good now! All our past objections are resolved. Going forward, we only deal in Finances U Desire.

The number is up, but the market is still super-thin. BitMEX BTC-USDT had a flash crash on Monday evening to just $8,900.

We’re not in a bubble. We’re in a balloon, one being pumped full of hot air. It’s fun going up — but the trip down can be very quick.

We’re over at Amy’s again. [Amy Castor]


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