Bitcoin (USD) Price
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Although, looking at the charts available on CMC, Bitcoin seems like it will plunge further down to at least 8K before this bloodbath is over. Speaking at an event in Frankfurt on Jan. After the Chinese government banned cryptocurrency exchanges from operating domestically in September, many Chinese crypto traders simply moved their activities to exchanges in Japan, South Korea and to decree vs bitcoin chart to peer trading.
Which is much riskier and poses a threat to investors getting scammed. Even if South Korea were to ban cryptocurrency trading, it would take years, as a Wired article pointed out that is ignored completely by MSM. Subsequently, BitConnect a popular online lending platform that was suspected to be a scam announced it was finally closing its doors for its investment program, citing decree vs bitcoin chart news and legalities after releasing all capital in BCC tokens causing the token to plunge from [FIAT: There is also the constant hammering sound of several countries calling to regulate cryptocurrency trading.
There is probably way more that I missed but, in short, its been negative rumor after negative rumor followed by negative news in the crypto space for the past few weeks, which may explain the potential panic selling going on currently. However, despite all the negative news in the cryptosphere, there are positive happenings as well being largely ignored and overshadowed by the negative news.
MTUplans to open up its own exchange. The first Cboe futures contract expires today at 4 p. Finally, it is worth noting that for the past few years, BTC has followed the exact same trend pattern in January. Last year the low was on January 12th, in the low was on January 16th and the low was on January 15th. A chart below shows the same chart pattern a huge decree vs bitcoin chart then gradual rise. This happens every year around the same time the difference this year is that MSM following directives decree vs bitcoin chart creating a shit ton of fake news leading up to it.
What will later this year hold? Bitcoin is currently trading at [FIAT: Want an edge in the crypto markets? You must be logged in to post a comment. Want an edge in cryptocurrency markets? Get news that moves markets to your inbox. Check out these tools to get started. Government Conflicted On Cryptocurrency Adoption. Leave a Reply Cancel Reply You must be logged in to post a comment.
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