What Pushed Bitcoin Up 65% in 2 Months? Top Fund Manager Explains

News BTC | Feb 15, 2020 at 4:00 AM
  • Since the middle of December, Bitcoin has been on an absolute tear higher, rallying from $6,400 to $10,550 earlier this week, per data from TradingView.
  • This strong surge comes shortly after cryptocurrency investors expected BTC to drop off a cliff, meaning this uptrend has caught traders off guard, as evidenced by the hundreds of millions of dollars worth of short position liquidations over recent weeks.
  • In the interview published Friday evening, the Wall Street investor responded “liquidity, liquidity, liquidity” to the anchor’s question about what is driving Bitcoin’s shocking rally.