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QuantumEconomics
Dec 7, 2019 8:23 PM

Purple circle shows the Xi-Boom Long

Bitcoin / U.S. dollarBitstamp

Description

The announcement from Xi Jinping that was quoted in Crypto news sites on October 25th that China should "seize the opportunities of blockchain technology" caused one of the largest moves bitcoin has ever seen. Here we can see that the entire pump was still contained within the wider channel that has played out since the recent price peak of nearly $14,000 at the end of June.
Comments
Confucius-The-Great
Hey Matti, Thanks for sharing as always.

What is your take on the One Coin scam that people like Eric Krown ( krowns crypto ) think started and ended the 3,5k - 14k bullrun in 2019?

They say the CEO was arrested the day of the 14k top!

I suspect that it is a truth that on purpose is held back. For the greater good of all haha.
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