Below you will find pages that utilize the taxonomy term “Bitcoin”
4.4 million Americans filed for unemployment last week. That’s on top of the 22 million from the past 4 weeks. All the job gains for the last decade have been wiped out. Poof, gone in 5 weeks.
The chart below is lagged by one week, so it’ll be much worse when a new chart is generated. States in the South and the MidWest States East of the Mississippi River are getting slammed.
I’ve certainly been aware of this, especially of all the silly “if this trend continues, bitcoin will be work $250,000/coin” articles. Maybe a correction is being set up, maybe not. Only time will tell.
The last time Bitcoin traded like this, it suffered its worst drawdown ever.$BTCUSD chart here https://t.co/F774IbuHeI pic.twitter.com/xGZVT94Bvd
— StockTwits (@StockTwits) June 10, 2017