🅱️₿ LocalBitcoins To Shut Down, Bitcoin DropsLocalBitcoins is a huge name, even though they have no volume its closing down can definitely be felt across the market.
People tend to panic over anything and everything.
They made some really bad business decisions in the past and now it seems they are paying the price.
This will be just another minor "bump" in the road and Bitcoin will resume growing once the panic settles, the weak hands sell.
After 14-February we should start seeing better news on the Bitcoin side.
The Altcoins are doing great... That's what we trade when Bitcoin is undergoing consolidation, a correction or a retrace.
We will continue with the "Name Your Altcoin" series after Part 3 and comeback and finish part 4 and 5 when more people get involved.
We can do this monthly or bi-monthly, I'll update you on your favorite altcoins and thank you for the support.
As to Bitcoin, the only thing that will peak my attention is if we break below the $20,000 level/support. Any trading above this level and we continue 777% bullish, of course!
Namaste.
