Bitcoin Trend Series / EP. 726 / Fundamentals Of Bitfinex

Time: 8.30 A.M. / GM+2 / 16th Oct. 2018 – Tues.

• Hong Kong’s financial watchdog is looking to tighten investor protection by regulating cryptocurrency trading platforms.

• Securities and Futures Commission, is limited by its legal regulatory reach of securities only, according to Carlson Tong Ka-shing, the outgoing chairman.

• Bitcoin Price has just broken 2 weekly lower highs in all Tether (USDT/USD) demoninated exchanges.

• The break is very likely caused by the Fundamentals of Bitfinex, not allowing for fiat deposits, but much more important in our eyes, due to a lack of decent communication with customers, fueling the FUD massively.

• It's not possible to do technical analysis under these circumstances.

• We have to wait for the situation to Get More Clear!

Writing a series means playing a long game,
investing considerable time and effort up front in
hopes of considerable returns down the road.

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