Market Update - November 21, 2023

If you, like me, live in the United States, this is a great week.

It's Thanksgiving on Thursday! My favorite holiday (“festival” for those who speak proper English). A day dedicated to spending time with friends and family and appreciating the good things you have.

I’m hoping to get the monthly issue out on Friday or Saturday. And, the kids are off of school for the rest of the week. So today’s update is brief. “A quick one while he’s away.”

I wrote this update and recorded the video before CZ’s settlement with the US government. This settlement removes one more source of FUD and gives naysayers one less reason to avoid the market. As far as its impact on price, we’ll just have to see. I would pay more attention to the actual movements of bitcoins and the behaviors of people in the market.

Which brings me to today’s update!

There are just a few things I want to bring to your attention. Today’s update covers these topics:

• Video

• Casual interest returns

• Who’s selling?

• Bottom line

If you didn’t catch last week’s update, do it now. Then come back to this post.

I strongly advise you to read the summary below and watch the video update! You miss too much when you get only one of them!

To speed up the video (shorten the playing time), tap the circled gear button at the bottom-right corner of the video. A playback speed of 1.5 should do ok for most of you.

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