This was just stops-liquidation hunting by Whales.
No market reversal yet....Volume weak and trend line intact. I might be wrong, If market break it will break on the Fib 50, specially with that volume.
We need a factor for exponential growth, before that it is just day dreaming and market psycho manipulation....Just saying, one app isn't worth 350 Billion $. If you check the nbr of downloads of the app.
play.google.com/store/apps/details?id=com.squareup.cash&hl=en_US
The number is not staggering...A mear 31.000 downloaded and it is not like the NY state didn't issue licenses before. This is the ninth they have issued, so 8 before this and the market is still in bear mode.
Think
uk.reuters.com/article/us-cryptocurrencies-square/square-obtains-ny-state-cryptocurrency-license-idUKKBN1JE1U6
Read the last part and think....
We need a factor for exponential growth, before that it is just day dreaming and market psycho manipulation....Just saying, one app isn't worth 350 Billion $. If you check the nbr of downloads of the app.
play.google.com/store/apps/details?id=com.squareup.cash&hl=en_US
The number is not staggering...A mear 31.000 downloaded and it is not like the NY state didn't issue licenses before. This is the ninth they have issued, so 8 before this and the market is still in bear mode.
Think
uk.reuters.com/article/us-cryptocurrencies-square/square-obtains-ny-state-cryptocurrency-license-idUKKBN1JE1U6
Read the last part and think....
Nota
If clear break over the trend line, first black line. Risky trading but I believe the price will go till the 7200$ range before getting back down.
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