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Crazy news lately! Bitcoin fell below 20k, hash rate at all time high, institutional money.

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by COINS NEWS 148 Views

Crazy news lately! Bitcoin fell below 20k, hash rate at all time high, institutional money.

Bitcoin is now below 20k again

Articles, youtube videos and twitter post everywhere. It means so much and is not something common! Just look at the chart:

https://preview.redd.it/xg47a56iu1t91.png?1218&format=png&auto=webp&s=b95c917119957ff7082f3f0c24f91b3f4f9d5fdf

In the last 3 months it only happened 36 times! So rare! I'm glad all crypto media is covering these events.

Meanwhile the Bitcoin hash rate keeps hitting new ATH

https://preview.redd.it/ag21nj7ju1t91.png?1129&format=png&auto=webp&s=808818a146314f51dcd31534963ef97754c08d95

Absolutely mindblowing. What could be the reason? Bullrun confirmed? BTC hitting new highs soon? Free electricity glitch? Again I'm very happy to see all the articles and influencers with their great analysis and predictions that this is the final reason for the next bullrun. Because there's clearly nothing super simple to explain this rise that happened early August and moved mining power to Bitcoin.

Institutional Investors in Crypto

Look at all these articles coming out just over the last days!

https://preview.redd.it/hbpy7v4ku1t91.png?1030&format=png&auto=webp&s=25d2d3069698bf1b2091b760d47656417ee0ea77

https://preview.redd.it/d4o39u3lu1t91.png?775&format=png&auto=webp&s=c17ec69a96f29c10003ab8f2f1a9886b11c0d704

Never happened before and institutional money was never in crypto. Last bullrun it was simply me and the boys causing the 3 trillion market cap. Sorry that we had to cash out some to buy a specific Reddit crypto but it is what it is.

Currently retail can be really happy about this with their small 1 trillion market cap. FINALLY institutions are joining us!

Can't wait to wake up tomorrow and get confirmation of all these 3 topics for another day.

submitted by /u/TarkovReddit0r
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