Good signals in the Market: from 235b USD to 255b USD in 45 minutes

in bitcoin •  6 years ago 

Market is launching some signals of positive performance right now. In 45 minutes some big buys have been triggered:
In particular from 18:00 UTC+2 time (Western Europe) till now, a non negligible quantity of 20 billion USD have entered in the market as you can see in below's chart:

This Bottom of 235 Billion was already reached on April and seems to be a very solid support from which the whole market can depart up if not sideways...

BITCOIN is already reflecting it with a very long green candle in the 1h-Chart:

Crossing fingers to consolidate this level

Enjoy Cryptoland!

@toofasteddie

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  ·  6 years ago (edited)

So you think that "20 billion USD have entered in the market" ??? Really ? Only somebody who dont have even the smallest understanding how the markets work, can believe in this. If there were no sellers left, even very small amt of fiat money could move the btc price up by few hundred usd. Multiply this jump by number of coins in exisrance, pliuss all alts jumped accordingly - and here you have +20 bln. in ReAlity it could be only few thousands , or even less has entered.

yes, 20 billion USD have entered in 45 minutes time in the crypto market... IT IS a FACT...
I am not speaking about the BTC price here, I am speaking about a non-negligible amount of money that have entered in a very short time...which would mean that many buyers have set their orders at this level, which is significant I think...
Cheers

Too much excitement!

Maybe some good news.
@toofasteddie, do you think that this bad period about crypto could be caused by the next arrival of some Wall Street investitors in a ICO?
https://twitter.com/IOHK_Charles/status/1009689496185724929?ref_src=twsrc%5Etfw&ref_url=https%3A%2F%2Fcointelegraph.com%2Fnews%2Fcardano-co-founder-wall-street-will-bring-tens-of-trillions-of-dollars-to-crypto

maybe, why not...they are so powerful that for sure they are doing their best get the best buying price possible

@toofasteddie Thanks for shareing valuabe konwledge. Can you share support also?

Keep working dude...and, don't ask for support, just comment and give your opinion.
Believe me, this way is much better