Mother Of All Bubbles - BTC Short
The world’s most-valuable cryptocurrency has skyrocketed over 300% in the past months, for me make no sense and has no value specially not 4 digits, but seems bubble has burst and soon more slaughter to come, UK exchanges started banning trading for retailers on all crypto assets.
U.K.’s Financial Conduct Authority warns consumers of the risks of investments advertising high returns based on cryptoassets and since 10 January 2021, all UK cryptoasset firms must be registered with the FCA under regulations to tackle money laundering. Operating without a registration is a criminal offence, so crypto is getting controlled ... FCA must have been noticed the manipulation from exchanges and they are trying to stop it, but I recon this is just the beginning,
Harmonic pattern spotted, ABC minimum correction for bubble to hold.
U.K.’s Financial Conduct Authority warns consumers of the risks of investments advertising high returns based on cryptoassets and since 10 January 2021, all UK cryptoasset firms must be registered with the FCA under regulations to tackle money laundering. Operating without a registration is a criminal offence, so crypto is getting controlled ... FCA must have been noticed the manipulation from exchanges and they are trying to stop it, but I recon this is just the beginning,
Harmonic pattern spotted, ABC minimum correction for bubble to hold.
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