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.
Comment:
50M block purchase
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