znog

znog

Price broke up from this small triangle and re tested it... sort of... has not gone up yet.

znog

Analyzing BTC vs USD or vs USDT right now yields a very different result, that's why I choose to be careful. In any case, if both analyses turn out to be correct, means USDT is going down big time. But I'm not sure the right mechanism for this to happen exists. On the other hand, withdrawing from Bitfinex takes a long time (like days), so arbitrage may take a...

znog Updated 

Today we saw a huge spike surging on BTC vs USD. But the actual pump may have occurred due to a dump of USDT on Kraken. Bitfinex is the highest volume exchange of BTCUSD... but it actually does not trade USD, but USDT! So everything works fine as long 1USD=1USDT... but right now, that is not the case.