makes sense but 13k bounce from here looks extreme when buyers are even missing at 7k
Urbanity2
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@tammy007, FOMO is extreme sometimes... Especially if it passes 10K. It's a long shot, I know, I wouldn't bet my house on it. But we have seen Bitcoin do more extreme moves on the recent past
tammy007
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@Urbanity2, the reason for Extreme moves is exposed....it was Tether! So i don't expect anything extreme anymore
Urbanity2
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@tammy007, there are 2 billion tether and btc has 100+ billio market cap (for now). Sure it was a factor, but nothing so extreme as "the reason".
tammy007
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@Urbanity2, Completely wrong analysis...the volume of Tether is No 2 and not far away from BTC. Tether change more hands everyday than any other crypto out there.. if this things falls over then It will be bigger than Mt.Gox