Bitcoin – implications of the rise

This post builds on what I said yesterday in “Bitcoin – What’s Happening?“. Today I will once again use a pseudo-point form style to look at the most important aspects of the Bitcoin / Crypto market and its most recent happenings.

ETFs

Last discussed in my post “A(nother) word on Bitcoin ETFs” two months ago, I have said over and over again how unnecessary ETFs are for Bitcoin or cryptocurrency success. The latest price movements prove me correct and will will prove me increasingly correct as time goes on. More on this later in this post.

Bull Trap

Yes this is a bull trap.

No you should not

About the author: Bit Brain
A walking crypto encyclopedia. Honest, Realistic, Opinionated. Futurist, Autodidact, Polymath.

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