What a Week!

Well, it’s been quite a week for Bitcoin, with the price finally settling around $9K after days of declines. Looking at the chart below, it’s easy to pinpoint the date many holders of Bitcoin may have wanted to sell, assuming they need the money in the near future.

However, those of us who are long on Bitcoin will hold and thank ourselves for investing in shorter plays like FANG – by the way, what a week for NFLX, even after some funds downgraded it. I’m the proud owner of a significant number of NFLX shares going into the weekend, and I just may hold it for a while.

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