Actually, the price movement passed the upper $400s, demonstrates that this latest price pump is more of a product of organic growth and inability to keep the price down, rather than by price manipulation. TBTB in government and financial status quo industries would have preferred to keep the price below $500 in order to more effectively be able to communicate the message that bitcoin is dead or dying, etc etc...
Their FUCD spreading is greatly less convincing when the price has moved up more than 10% higher than what they had been characterizing as the absolute top (below $500).... a sad week for bears
, but a very decent week for bulls... ..
....
A kind of consolation prize for bears is that this upward BTC price run is not over, and there is still time for them to jump on board with some cheap coins in the $500s.. and maybe they may get lucky to get some on a dip to the lower $500s or possibly in the upper $400s.... but if I were a bear, I would not hold out for the $400s when this price range is good enough and is going to seem cheap in the very near future... ..
Anyhow, maybe some of the bears will be smart enough to jump on the bitcoin love train...?? We don't exclude ex-bears as long as they pay for their own ticket.