Donghyeon_Lee

Donghyeon_Lee

I saw many technical analysis on bitcoin price in tradingview, however, bitcoin market now is totally dominated by some whales from China; speculating their mind would be more productive to short-term trading strategy. Recently Chinese stock market halted to move up, and Shanghai index is now in range of 4200~4500. Also, industrial or financial news do not give...

Donghyeon_Lee

An hour ago, we witnessed failed breach from 1520 to 1550, and subsequent crash to 1490. I bet that some of you may recall a 2nd~4th May, which also had two top and local reversal pattern. I think we will experience one more decline to 1450 in 2 days in any case. However, I have 2 scenarios since then. If Chinese Stock Market is proved to bearish, then the...

Donghyeon_Lee

Nice to meet you, Though I observed here for a while, it is my first post. In 2014 autumn, one member posted comparison between Shanghai Index and Bitcoin price. (See Link) At that time, the author suggested that, Chinese investors will be less attracted to bitcoin because they have more profitable market, or Chinese Stock Market. According to recent data, it...

Donghyeon_Lee

Nice to meet you, Though I observed here for a while, it is my first post. In 2014 autumn, one member posted comparison between Shanghai Index and Bitcoin price. (See Link) At that time, the author suggested that, Chinese investors will be less attracted to bitcoin because they have more profitable market, or Chinese Stock Market. According to recent data, it...