An excellent point brought up by @marketreport in: Something HUGE Just Happened To Bitcoin, and No One Even Noticed
Looking at a quick overlay of the Dow Jones and Bitcoin charts over the past month, it does look like the Dow went flat for a while Bitcoin was rising. The Dow suddenly dropping coinciding with an up surge of Bitcoin. Follow the money, cash may be moving to cryptocurrency. The total market cap of cryptocurrency currently sitting at $63 Billion rising from $29 Billion just a month ago.
What do you think? Were folks trying it out during the January-April period, attracted by the Bitcoin growth in January and now feeling more confident with Bitcoin's promise as a store of value?
cc: @melbaroudi @abs777