Where is the money at?
Updated
And where is it likely to go? Watch in 2 years from here.
Note
Note
All this drama last week could have been avoided to sell of portion of crypto inventory of exchanges imho, especially Bitfinex, largest holder of bitcoin and other crypto...1) They'd have the cash;
2) People would have their coins they wanted to buy;
3) It would look natural in the bearish trend to drop to a new low at resistance.
But no, let's not do that. Let's inject 1.2 billion usdt in the market in just a few months, which was most likely the trigger for the justice department and enforcement agencies to step in. The greed is unreal and blows my mind. I do however, respect them for their warrior spirit and not exitscamming like majority of exchanges did, but they really are in deep shit right now, imho.
A crackdown just happened and individuals are rounded up with crypto exchanges in question and more will follow, as I've said in my previous idea (which stem from my vision and predictions in the idea from feb 2018, all which are coming true now), it's the beginning of the end. It probably could have all been avoided quite some time ago. Too bad. Now remaining crypto exchanges with banking licenses will be the last to be targetted to lock you up in the crypto system, ala hotel california style (you can get in, but you can't get out). Soon we gonna see who is here for the $ or for the tech, regardless the price paid.
If you think retail drove up this market, think again.
ag.ny.gov/sites/default/files/2019.04.24_signed_order.pdf
iapps.courts.state.ny.us/fbem/DocumentDisplayServlet?documentId=vIexA1b0spKOnK_PLUS_ZUGTJ3A==&system=prod
coindesk.com/two-charged-with-running-shadow-banking-service-for-crypto-exchange
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