sac1987

BTC Bitfinex .. when capitulation !!

BITFINEX:BTCUSD   Bitcoin
Market Cap $213,084,144,110 with #BTC Dominance 54.0% . and Daily trading volume SPIKED yesterday to around 7.3b$ , after FUD about Tether , as Tether saw a dump and dipped as far as $.80 led by Bitfinex -Tether LLC- printing a high of $7788, a whopping $900 premium ..
- Tether came today with statement " "We would like to reiterate that although markets have shown temporary fluctuations in price, all USDT in circulation are sufficiently backed by U.S. dollars (USD) and that assets have always exceeded liabilities." .. And then followed by Bitfinex statement "We expect to have our new fiat deposit system in place within the next few hours. Please stay tuned for further updates."
- Market will be extra volatile coming few days till all this FUD clears up .. so we prefer to be 70%+ sidelined on real FIAT ..
- USDT recovered from $0.95 USD yesterday to around $0.98 USD Today .
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When will we see proper capitulation .. This study showing BTC will keep on this bear market till March 2019
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