The old "Maybe Bottom" did not hold on the news that Chia Network Inc will sell 200k XCH worth ~ 5 Million USD from the prefarm.
The questions are:
- How many prefarm XCH will get sold the next years and how often? This risk now is clear visible.
- How is the financial situation that selling part of the prefarm was worth the lost in trust?
- How far in the...
(Chart view looks weird, see image below instead)
Here's a pattern I've enjoyed emerging for the past few months. It seems to not be following the usual rules regarding support and resistance lines, which is why I missed it at first. That is likely due to the nature of these CO2 credits and the way they are traded. To me it seems pretty clear that it at least...
