TheHaq

Not much Movement

Short
COINBASE:BTCUSD   Bitcoin
Not much movement of bitcoin, but Rsi and MACD looking to go down sooner or later. Litecoin have exploded to all time high of USD 300 taking over IOTA and reaching a 16 billion market cap. Sooner or later the bitcoin market will fall due to high volume and high volatility. The introduction of bitcoin futures may have ejected the price for now but will have a pull back soon to as low as USD 6000-8000. At low prices that would give the institutional bankers and companies to buy loads sums of bitcoins or altcoins. A way to contol the market by obtaining high supply of cryptocurrency.

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