฿ Bitcoin BTC/USD Daily Video, November 17, 2022

[Sive Morten]

Good morning,

BTC performance looks weak. If you have longs - move stops to breakeven, if you don't - do not take it. Bears need to watch for downside breakout of 16K area, which will be the vital moment of short-term tendency change:

 

[Andreas72s]

Hi everyone!
No change on daily chart, and bearish consolidation is still possible. Having said that, as I have shown in previous intraday chart, I don't rule out a triangle border edge test before seeing last bearish leg
Andreas

DAILY CHART

 

[Tchurik]

Seems after FTX and Genesis, we could have a Grayscale problem

 

[Tchurik]

And after all this there are also doubts on Tether, linked with a famous mafioso Gennaro « Rino » Platone with the intermediary of two companies PAG Asia and Yuraku.

 

[Sive Morten]

Seems after FTX and Genesis, we could have a Grayscale problem

Yes, you're absolutely right, Tchurik. We've warned about it in our Telegram last week.

 

[Tchurik]

Yes, you're absolutely right, Tchurik. We've warned about it in our Telegram last week.

Thanks Sive, that's true i saw you mentionned it, and i kindda realise how deep is the crypto trauma now.
When i think that all those crypto men wanted to revolutionize the financial system, they have done worse than any traditionnal bankster But in a sense, i guess the whole ecosystem could benefit from this purge, if they adopt more transparency and regulation.