Jun 28, · In our previous BTC-USD analysis, there was a fear of a massive Head and Shoulders pattern that had very low price projections for the entire crypto 24crypto.de a turn of events, when BTC-USD made its test of the Head and Shoulders neckline, it actually responded in a market reversal.. Figure 1: BTC-USD, 6-hr Candles, GDAX, Head and Shoulders Rejection. Few expected Bitcoin to bounce back after the crash in March. The cryptocurrency had basically halved within a single hour time frame, leaving many convinced that the asset’s life span was over. But one trader predicted a reversal. Dec 16, · He also warns Bitcoin is not immune from a global market reversal similar to the one that happened early this year, which briefly caused BTC to plunge from about $9, to about $4, “Macro market meltdown is one possibility, and ‘crypto’ won’t be any more immune than in March.
Btc markets poli reversalMARKET TIMING WIZARD BEHIND TD SIGNAL WARNS OF BTC REVERSAL_GOLDEN GROUP CO., LIMITED
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The cryptocurrency market slipped into a red zone, with all major altcoins nursing significant losses. Stablecoins may pose risks to "international monetary stability". In the recent statement, the Treasury-based working group that makes federal regulators recommends taking actions to ensure that stablecoins do not undermine the confidence in national fiat currencies.