The heavy selling pressure seems to have subsided after some extreme sales up until 06:00UTC. Heavy buy orders on Bitfinex have started resulting in somewhat of a flag and a clear shift in direction.
It has been a long slump characterised by continuous sales for months on end. This signals some sort of relief for the time being.
I will continue to cover the bitcoin situation though the week and into the weekend.
It has been a long slump characterised by continuous sales for months on end. This signals some sort of relief for the time being.
I will continue to cover the bitcoin situation though the week and into the weekend.
Note
This may just be the last time we see this price.Happy Days!!
Note
50M block purchase
Kenzing trading indicators for TradingView perform advanced real-time analysis of stock price trends and display alerts that are easy for the average Trader to interpret.
kenzing.com
kenzing.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Kenzing trading indicators for TradingView perform advanced real-time analysis of stock price trends and display alerts that are easy for the average Trader to interpret.
kenzing.com
kenzing.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.