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RE: The Regulators Are Just Getting Started

in #bitcoin7 years ago

Very well put together article @adsactly.

It might not have just been the China news though, I posted this the other day about a possible correction coming, the China news may have just further accelerated it coming.

P.S. I'm not saying it had nothing to do with it, just to be clear. :-)

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Im actually also a chartist and a setup for a BTC dump was there, infact the daily time frame we are observing the possible right shoulder of the pattern being formed. Must hold level is 4200 ish on BTC. But there is def much news and much fud driving this trade this morning!

Cool! I'll have to follow you if you post chartings (I haven't checked your page out yet).

Yeah it was coming, even after the short-term rebound.

XMR and Dash were also ripe to correct.

EDIT: What's very interesting is that they haven't corrected as much as the rest. Could be an interesting weekend again!