Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
I think it's bullish in the long run. Last year Bitfinex flash crashed down to about $150 and two months later the price mooned to $500. None of the other exchanges flash crashed so low. Today Bitfinex going offline sparked this dump, and I wonder if there will be another moonshot in two months from now. Bitfinex starting a flash crash can precede a moonshot.
I think that's how all markets work. The faster and harder prices crash, the more bullish people become.
That's why some traders offed themselves back in '29, when the market crashed. They couldn't handle becoming so fabulously wealthy
