Mutant Bart Will Hit BTC with a retest and break of 3000$ soon. Short

Bitcoin / DollarBitfinex

Description

⋅ Mar 25, 2020 8:32 PM

Are you ready?

There is literally no reason or usage for Bitcoin to be over valued.

Currently 30-40% miners already unplugged and today there is a 14-15% drop in difficulty in Bitcoin network.

insights.glassnode.com/bitcoin-upcoming-difficulty-adjustment/

Transactions dropped under 300k per day and continues to drop.

Activity is only between exchanges and very few whales. Otherwise BTC is a No Mans Town.

Trade active

⋅ Mar 28, 2020 12:11 AM

A Cheeki Breeki trade.

Comments

blackriver85

⋅ Mar 25, 2020 8:49 PM

agree.

nagihatoum

⋅ Mar 25, 2020 8:51 PM

Activity dropped, because exchangers are unwilling to sell BTC at discount rates. They bought high.

VanBenno

⋅ Mar 25, 2020 9:36 PM

@nagihatoum, Exchanges buy and sell all day without posting the transactions to the network. These aren't discounts. It's objectively overvalued at this time.