Sive Morten
Special Consultant to the FPA
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Good morning,
BTC still stands under shock of Bitfinex and Tether incident. It doesn't add any positive sentiment to crypto currencies. Technical picture mostly look bearish and we think that 6500 area could be the one where short position could be taken.
The technical portion of Sive's analysis owes a great deal to Joe DiNapoli's methods, and uses a number of Joe's proprietary indicators. Please note that Sive's analysis is his own view of the market and is not endorsed by Joe DiNapoli or any related companies.
BTC still stands under shock of Bitfinex and Tether incident. It doesn't add any positive sentiment to crypto currencies. Technical picture mostly look bearish and we think that 6500 area could be the one where short position could be taken.
The technical portion of Sive's analysis owes a great deal to Joe DiNapoli's methods, and uses a number of Joe's proprietary indicators. Please note that Sive's analysis is his own view of the market and is not endorsed by Joe DiNapoli or any related companies.