It has been a negative year overall but things are changing.
Sentiment is turning. Attention is focused on an ETF. An exchange traded fund. An ability to invest in bitcoin without actually owning bitcoin which in itself is moderately difficult and requires some effort.

The problem for an ETF is that you can’t really short bitcoin. The reason is that there is a finite supply and unlike shares that can always be increased by issuing more bitcoin is limited.

Only approximately 715,000 people worldwide have 1 or more bitcoin in their own private wallet. Hard to believe but this statistic excludes the many investors that are foolishly leaving their bitcoin investment in an exchange wallet.

The price must surge soon unless the cryptography is broken.

Price now £6,250. Let’s see where it is when the season kicks off.