The recently created futures contract in Bitcoin expired here on January 26th..so the Wall St boys should be “about done” with the crypto beat down ( so they can just buy lower ).
This coupled with the Chinese new year “spending splurge” ( where millions of people across Asia and the rest of the planet dump assets in order to send money home or buy ceramic cats ).
An interesting set of circumstances don’t you think? With concerns over Korean crypto exchanges sprinkled on top this has all compounded into the most serious pullback we’ve seen EVER!
The question begs…..do you believe in crypto currencies or not? Seriously……do you BELIEVE in crypto currencies or not?
Pullback complete…..Ripple good, Litecoin good…Bitcoin good. Everything good!