It's a sad week for the crypto world as we realize that exchanges will take on the role of traditional banks in restricting people access to crypto currencies. They can halt buying, withdrawals, account registrations etc at will without being challenged by anyone. This strangling of influx of news funds is what is restricting price growth in the overall crypto market. Although it will provide some short term stability to the markets and avoid large price swings, prevent newcomers from quickly losing their savings and faith in the crypto world . But in the long run we can clearly see the exchanges running amok with no legal protection for the investors.
Coming back to IOTA. Its run was halted mid-way due to BCH listing on Coinbase and speculation that Dash , Ripple or Monero might be listed next. I believe IOTA will complete its run before new year and rise to 25bn marketcap. Add at every dip. There is strong support at 4.5 , 3.9 and 3.6
Coming back to IOTA. Its run was halted mid-way due to BCH listing on Coinbase and speculation that Dash , Ripple or Monero might be listed next. I believe IOTA will complete its run before new year and rise to 25bn marketcap. Add at every dip. There is strong support at 4.5 , 3.9 and 3.6
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Bitcoin may find support between 12-13K . Another 10% downside from current levels is possible. 3.6 may come into play yet again for IOTA
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If 4.5 is broken on the topside, we can see a new ATH before year end . We have now 7 consecutive green candles on the hourly chart. this hasn't happened since the rally on Dec 3-4
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iota getting interesting
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IOTA stands motionless at $4 mark, like a deer staring at headlights, not knowing which way to run. Testing lower bound of the penant right now. Something is about to give way
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IOTA price is ready to explode but it seems everytime it tries to move up, there is flood of fresh articles talking about the failed hash function test , MIT report , microsoft 'partnership' fiasco etc.All of these are very old and already built into the current price. And today the huffington post article about ITIC - IOTA 'partnership' vanished a couple of hours after being posted, although other sources do corroborate the 'partnership'. I have been feeling that positive news about IOTA is being deliberately suppressed and negative news being force-spread to keep IOTA down :/