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AhmedYounis
Mar 29, 2017 10:53 PM

BTC/USDT Head and Shoulder formation - Right Shoulder Forming  Short

Bitcoin / Tether USDPoloniex

Description

The reason why I believe that BTC has hit its peak is the following:

  • The upcoming and controversial hard fork to increase block size is just going to create two parallel block chains.
  • Bitcoin is stuck in a legacy system without any progress towards a goal.
  • Alternative modern block chains such as eathereum and dash are gaining lots of support from enterprises. Bitcoin is stuck as being used just as a currency and is failing to be recognized as a true asset due to its unregulated nature. Google Bitcoin ETF Denied
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