I don't like what I'm seeing in Bitcoin recently. Or, more specifically, what I'm seeing is very good news for Bitcoin holders potentially - which is bad news for a more diversified user like me, as I reduced my bitcoin balance at around $661.20. But now, at $654, I'm uniquely bullish. I had a feeling about it earlier today; yes, a feeling. I was thinking about how perhaps the block halving has a delayed impact, but when it
does kick in, it might kick in more severely than if prices had immediately exploded in response to the reduction from 25 BTC to 12.5 BTC reward per block.
Also, I like the recent Bitcoin
trading volume. US $140,069,000 around the world over the last 24 hours and no sign of letting up.
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