Is this what is happening with Bitcoin?

2015年12月12日

I suspect we are witnessing a massive inflow of South African Rand into Bitcoin, which becomes quite evident in the above chart. The Rand has already reached record lows against the US dollar, and could show further weakness. Although I am expecting a pullback in BTC eventually, this bullish trend could continue for some time.

For further info watch the following CME youtube report: youtube.com/watch?v=gOnTE3KsPkY

2015年12月12日

註釋

One thing I forgot to mention yesterday, is that Sergey Mavrodi is based in South Africa. I suspect he is a big factor in this price move, and is hedging against the Rand.