In this video, You Jun provides us with an update on the price of Bitcoin, and the reasons behind the recent sharp market sell-off. He also re-iterates his view that the market continues to be in a firm bear-grip, as the NVT Ratio and NVT Signal Indicators continue to be overbought.
It is likely that the next bull run will only occur once we have absolutely clear regulations / views from the SEC, and that’s when institutional money can begin to pour in. Their guns are already loaded, they’re just waiting to pull the trigger.
Cryptocurrency State Visualisation:
BTCUSD Bitfinex Chart, 2018:
CFTC Subpoenas 4 Major Cryptocurrency Exchanges:
Launch of CME Bitcoin Futures:
Neil Gandal, Bitcoin Price Manipulation:
BTCUSD Bitstamp Chart, Historical Logarithmic Chart:
Recognising Wyckoff Accumulation in Markets:
ToneVay’s TA of Possible Bitcoin Bottom:
CryptoCircle, Where Is the Bottom On Bitcoin:
Bitcoin NVT Ratio:
Bitcoin NVT Signal:
Fundstrat, Sam Doctor’s Tweet On Bitcoin Price Floor:
CFTC Remarks On Cryptocurrencies (Commissioner Rostin Behnam):