Bitcoin bounces

solidly north of $15,000 in overnight trading, lots of chattering about why and just how high it can go. About a two minute read.

Comment: lots of fun if you’re a hodler, I suspect last May’s Halfing set the stage for this leg up, PayPal and JP Morgan’s recent embrace of Bitcoin most certainly drove the bounce. An excellent perspective on the bounce;

$20k #Bitcoin is only exciting if you want to sell your Bitcoin for a measly $20k.

— Jon Rice (@JonRiceCrypto) November 6, 2020