After plunging to 3000 six weeks ago, Bitcoin snapped back and reached 6000+ today (a 100% increase during that time), as shown on the following Monthly chart, and, as noted in my last post (originally written on September 4th and updated periodically, with comments and charts, to, and including, today).
What strikes me as extraordinary is to see the percentage gained Year-to-date of Bitcoin compared to the U.S. Major Indices, as shown on the following graph.
I find this noteworthy and very unusual, to say the least, inasmuch as it’s not “backed up by” or “pegged to” anything.
