Couldn't agree more about Bitcoin being a speculative instrument - it's all in the trading and purely in the technical analysis / charts.
A lot of the talking heads on CNBC and Bloomberg have been scratching their heads all week wondering 'what's going on', but you can see it for yourself - want a quick summary of what happened to Bitcoin over the past week? Check out https://www.youtube.com/watch?v=VRtkTZ8oTIM for a one minute summary as well as the extended version at https://www.youtube.com/watch?v=VmJM8gzg4OY for further details. Enjoy!
