Bitcoin has so far been creating sub-waves of 1-2's nesting within one another setting up for a possible MAJOR correction to the downside in a set of Wave 3's playing out. If this does play out then it should be an interesting next few weeks with every Financial pundit calling for the death of Bitcoin and claiming nothing short of the sky to be falling. We remain very Bearish at this point and to remain in USDT for the medium term with leveraged Shorts for quick scalps.
News:
Bitcoin's Decline:
https://cointelegraph.com/news/crypto-markets-continue-to-fall-but-not-by-much
Vladimir Putin Says Russia Needs Blockchain:
https://www.ccn.com/vladimir-putin-says-russia-needs-blockchain-cannot-late-race/
