JUST IN: China's coronavirus death toll has risen to 490 people, officials from Hubei province reported after confirming 65 new deaths and 3,156 new cases on Feb. 4 alone
JUST IN: China's death toll from the coronavirus outbreak has risen to at least 212 people, health officials from Hubei province reported, after 1,200 new cases there were confirmed over the past 24 hours https://t.co/XLieVOOlcK
1) BTC bull returns
2) /r/bitcoin turns into price posts
3) MSM picks up story
4) ignorant speculators buy in (YOU ARE HERE)
5) Pros sell off, shake out weak hands, accumulate more BTC
Caveat: maybe this time it's different due to futures markets coming online next week. Maybe.