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RE: Bitcoin Battered On Report Bitfinex, Tether Were Subpoenaed Last Month

in #bitcoin6 years ago

bitcoin is the future
Despite all this however decreased will rise again

Trading volumes fell sharply as investors became more cautious in trading encrypted digital currencies for a higher risk-to-return ratio
What are encrypted digital currencies like Bitcoin, and many other currencies? And why most traders chose
The digital currency market needs a strong push to continue rising prices

Continued selling in the digital currency market has led to lower prices for technical support levels, and investors who want to buy are still reluctant to enter or trade the digital currency market again. Despite the heavy losses last week, we are seeing a further decline and a decline for most of the digital currencies at a high rate, as this decline occurred in markets other than digital currencies, this became the news in most headlines. Volumes have fallen sharply after the negative news about the digital currencies in South Korea and China, indicating that most traders now stop trading the digital currency until more market prices stabilize and fluctuate, then a construction period will be renewed and traders will be optimistic but mostly will happen This construction is at lower levels than now.

Bitcoin price is stuck between two levels Fibonacci

Bitcoin is currently trading at 61.8% Fibonacci at $ 10,971 at the same level as bitcoin prices are rising strongly in mid November to mid December, so bitcoin will need continuous highs to reach its highest level and the next bullish move will start. On the downside, 78.6% Fibonacci correction at $ 8.523 will be the next low price level and will certainly affect investors' desire to trade now. A break of 78.6% Fibonacci will open the next level at $ 5406 The beginning of the recent bullish trend.
Do not fear me bitcoin the best and will stay as well. @zer0hedge

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