Bitcoin | Psychological Barrier | $1200 | Conflict of Interest |
Updated
Bitcoin in the past few days has corrected itself from a low of 900$ to 1200$ .
Bitcoin is right now testing the resistance and the psychological barrier .
But the thing is right now Bitcoin is in deep water and trouble with the debate about scaling of bitcoin going on where mining giants like Bitmain , AntPool , F2POOL are stopping segwit due to their own ulterior motives .
Mining Manufacturer are Blocking SegWit to Benefit from ASICBOOST and to have an edge over other mining giants such as bitfury .
Right now the price of bitcoin does not reflect what is going down in the ecosystem which is being corrupted by ego and money .
Keeping everything in mind , Bitcoin should go down from here and correct due to the fact that breaking the psychological barrier would need bull news and solution to conflict of interest
Bitcoin is right now testing the resistance and the psychological barrier .
But the thing is right now Bitcoin is in deep water and trouble with the debate about scaling of bitcoin going on where mining giants like Bitmain , AntPool , F2POOL are stopping segwit due to their own ulterior motives .
Mining Manufacturer are Blocking SegWit to Benefit from ASICBOOST and to have an edge over other mining giants such as bitfury .
Right now the price of bitcoin does not reflect what is going down in the ecosystem which is being corrupted by ego and money .
Keeping everything in mind , Bitcoin should go down from here and correct due to the fact that breaking the psychological barrier would need bull news and solution to conflict of interest
Note
Looks like Bitcoin is consolidatingNote
Dumping startsNote
This is what I was waiting for
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