If you're one of those new investors losing your mind - let me say, you can relax.
It was just last month, we were celebrating just the possibility of Bitcoin reaching $10,000. See this article: Forbes: Bitcoin could hit $10,000 in time for Christmas!
That's right - it was just last month we were hopefully wishing Bitcoin would be $10,000 - It's $15,000 now (at the time of publishing this). We are well ahead of last months best expectations.
Remember - now more than ever, average everyday people are putting money into cryptocurrency. This is Christmas week - the week they spend the most.
So what's really happening? Basically, nothing.
What will happen next? Well, millions of highschool and college age people get a little Christmas cash from Grandma, Grandpa and Aunts and Uncles.
Now - guess what they'll do with it.
Get ready for the post X-Mas rally folks!
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Seattle News Desk
