#735 Analyzing The Bitcoin Market Sell-Off
The Pomp Podcast
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The Cryptocurrency Podcast - Arit Les Gin
On friday, there was massive market sell off. Everyone was worried there was a new variant of covid and literally the world got lit on fire. But what we see here is biccoin's price draw down. If you zoom out and look at this year, over six times now, six different times, bicin's price has drawn down at least 20 %. On saturday, a hundred thousand people packed into astadium to watch college football, to watch michigan play. So that tells you the people aren't scared of the actual variant itself. Instead, what they're scared of is the government's response to the varient. All three major index is negative
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