If BTCBRL is in any way a proxy to BTCUSD, we are seeing a correction that may set BTC value back to $4500 values, considering USDBTC ~ 3,15. The pattern is very similar to what happened 45 days ago. By that time, it was FUD, this time, it is probably the hardfork.
Commento:
Commento:
45 days ago, BTCBRL had a spread of nearly 20% over BTCUSD. So it is safe to assume that this new correction will be smoother and will have lower impact on current price level.
Commento:
4H BITSTAMP:BTCUSD indicates that the correction may have reached its bottom. As everything bitcoin, nothing is certain.
Idee correlate
BTCBRL Trend
claudiohfg
about BTCBRL