Here is why Bitcoin jumped 20% (2019-10-25)

If you are having trouble finding the news behind the bitcoin price move, don't fret here is the answer.


1) Gold and silver starting to react to US FED repo non QE US Dollar creation.
2) Congress questioning of Zuck on Libra did not surprise.
3) Bitcoin price hit trusted outer demand channel line (see chart below).

The answer is mostly (3), of course to monitor price action near channels you must chose your charting software carefully, to ensure it draws true and accurate channels correctly. readtheticker.com does this well. 

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