An interesting pattern here - when USD goes up, BTC goes down and visa versa.
Despite the recent sharp increases in the value of USD, BTC is simply trading sideways.
Is this a testament to the strong support at current levels and a potential bottom for bitcoin?
And if so, what will it mean for bitcoin?
Many people seem to think the market it about to crash - it's hitting the 10 year cycle, and there is a company buyback bubble pushing up share prices. Will it burst?
Thoughts?