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Bitfinex continue to keep price high with fraudulent tethers, while it waits for the CME futures to launch. I'd expect the institutions to short Bitcoin into the ground - there is no way they will want to buy it high, they want it when its cheap.
Messy Rising Wedge breakdown.
Bitfinex continue to keep price high with fraudulent tethers, while it waits for the CME futures to launch. I'd expect the institutions to short Bitcoin into the ground - there is no way they will want to buy it high, they want it when its cheap.
Messy Rising Wedge breakdown.
Note
Correction on the rising wedge formation. 
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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.