FINALLY #BITCOIN IS HEADING UP - WHY?

Finally Bitcoin is going for a reversal. There are a couple of major factors driving this upward direction.

1. DAILY FLOW BY BITCOIN EFTs

The graph below shows INFLOWS of Bitcoin ETF in the last 4 days. It has been positive. Each of the last 4 days shows big buys and accumulation of BTC. The last one being $73 million.

2. MINERS CAPITULATION

Miners have stopped or slowed down selling BITCOIN.