Increased BTC Weakness Demanding To Reverse ETH Position
Updated
Sooo, weak... On top, we have another significant spike of "days destroyed" >>>
blockchain.info/charts/bitcoin-days-destroyed?timespan=30days&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=
While there is certainly a lot of room for speculations about the possible reasons, I do consider it as a huge bearish red flag in any case.
To buy/long ETH and getting rid off Bert before he starts to properly dump is recommended.
Target (BTC): 373.00EUR (ETH): No idea. Just let it run...
blockchain.info/charts/bitcoin-days-destroyed?timespan=30days&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=
While there is certainly a lot of room for speculations about the possible reasons, I do consider it as a huge bearish red flag in any case.
To buy/long ETH and getting rid off Bert before he starts to properly dump is recommended.
Target (BTC): 373.00EUR (ETH): No idea. Just let it run...
Note
Updated Daily (RIP) addedNote
Updated chart (Re-short Opp) addedNote
And the drama continues... bitcoinmagazine.com/articles/antpool-will-not-run-segwit-without-block-size-increase-hard-fork-1464028753 1h chart added.
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