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Still a possibility of one more short squeeze to 9. I'm going to spend the day with my parents for Independence Day July 4th.
Have a Happy Independence Day, Everyone! This is an update I believe worthy of a extra publication. I do believe that we will see BTC price break down as the chart shows, but truly only time knows?!?
In this update we have that same head and shoulder, and rising wedge break down as first published on June 30th In the chart it shows the head and shoulders pattern has It's important to factor in both sides of the market in regards to bias between bullish and bearish.
Be humble.. Whatever happens a down move is imminent. Good luck traders. Bitcoin chart analysts, investors. I am XBT Laps. Laps are knees, and it means a nurturing environment like a mother's knee.
Because I haven't studied yet, I looked into it with a beginner's mind, so please understand and understand even if the content is insufficient.
When forming a double top , head and Sideways Summer ! But If I listen to all the news about BTC on the internet every indicator is flashing and BTC is at a point of breaking out and we are going to the moon….
Wave E of the triangle has completed a Leading Diagonal minor "a of E. After we should get a violent minor wave "c of E" drop to between lower trendline and Videos only.
Here is Why BTC is officially bearish. July, 4. Bitfinex is one of the largest cryptocurrency platforms in the world by trading volume, and while it is registered in the Caribbean and owned by a British Virgin Islands company, it also has offices in Asia and Europe.
Bitfinex CEO J. Griffin has spent the past decade publishing research on fraud by credit agencies, mortgage fraud by banks, to most recently manipulation of a volatility index known as the VIX.
For the time being, he's turning his attention to the cryptocurrency market, which Griffin said has "not a lot of monitoring going on.
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All Rights Reserved. Data also provided by. Skip Navigation. Markets Pre-Markets U. Key Points. New research says at least half of the rise in bitcoin prices was due to coordinated price manipulation using another cryptocurrency called tether.
The page paper says tether was used to buy bitcoin at key moments when it was declining, which helped "stabilize and manipulate" the cryptocurrency's price.
Tether did not respond to CNBC's request for comment. Related Tags.