BTC is being artificially pumped by speculator's, along with the fake SEC lawsuit against XRP and the coordinated attack by Exchanges to delist XRP. This is a classic pump and dump. The trend analysis shows that the current price of BTC is about 5 months ahead of schedule. Be forewarned a correction is coming SOON.
How is the SEC lawsuit going to play out with a new administration coming in since Jay Clayton is on his way out?
cldx
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@flai54, The lawsuit isn't really affected by either administration, it is attempting to establish precedence in the crypto industry that is needed for clarification. The lawsuit itself is fake because XRP has already been deemed a currency and not a security. That's on record. There's a reason why Ripple is fighting the lawsuit vs. just paying a fine. What the exchanges are doing is collusion to artificially drive up the price of BTC. That is illegal and is grounds for a Class Action Lawsuit. I posted this chart so people could see how the scam is being played out for themselves.
The_Mummy
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So are you short now ?
cldx
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@The_Mummy, I don't Short any market. I'm now all in XRP. Take a look at the XRP/BTC chart and you'll see why.