People sitting out of long side until they are comfortable the damage of halving is absorbed and the price becomes stable. Then they'll buy back in and price rises.
This factor can instantly become secondary to fear inducing catalyst news.
Post by twetch#1828
won't say. but it has to do with exchanges maintaining a fictitious narrative
What the chain says
- Block
- 629 308
- Time
- 2020-04-05T07:33:52Z
- Signer
- 1B5BULyD2qnUEFiYS18eNByUwWsdJqkJYh
- App
- twetch
- Type
- post
- Content type
- text/plain
- Name in tx
- twetch#1828
Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.
Signed by
1B5BULyD2qnUEFiYS18eNByUwWsdJqkJYh VerifiedReplies (1)
That looks a little further away to me.
-Price and hence volume needs to 3x in value organically, then will be incentive & pressure on marginal exchanges to cheat. 1st one will break the flood gates.
bit.ly Cartels: Breaking Up Ain't Hard to Do