@PeterLBrandt Would it be fair to look at the BTCUSD chart from the June low in the same light? If so how is a potential target sized for this type of pattern?
@IOHK_Charles@Cointelegraph Unfortunately Crypto (non-BTC) is all about 'Partnerships' ($$$) and cozying-up to exchanges like BitMax. Cardano should have figured this out by now. It's not an academic exercise but simple 'real-life' marketing. Until this is embraced Cardano will be viewed as an irrelevance.
BTC: The Move from the Key Pivot @ $9111 and retest yesterday to a low of $9268 was a near (too) perfect AB=CD Correction. The flip yesterday at 15:09 showed V.big leveraged (or not) buyers stepping in. I was too slow to jump on board. A good chance that this is the near-term low
With Lightning, there is no asset that physically settles and clears faster and cheaper than Bitcoin.
In this talk, I brought it all the way back to the 1700s in order to explain why the Lightning Network represents an unprecedented breakthrough in money as a technology 🌩️🚀🌚
Institutional Shift (Real Data); CME Futures traded ~$1.4B yesterday. 5xBTCx33.677k Contracts. This is still short of BitMex (~$8B) but the volumes are verifiable...Interesting as GBTC holdings are also on the rapid rise..