BITMEX CEO Arthur Hayes thinks we have yet to hit bottom. He feels the bottom is BTC @ $5,000.
CME BTC FUTURES expire Friday, July 27th. There are more Trading Contracts than Open Interest Contracts for the next 2 weeks.
It would make sense for a bottom to occur in August so that September can build up to a full rally by October thru December.
It's only a matter of time. HODL now, SLEL later. (SLEL is SELL, duh....) BTW my chart is descending from the Top and the Bottom w/ 11/11/17 low denoted as well.
#Cryptocurrency #BTC #Cryptocurrencies
THIS IS NOT INVESTMENT ADVICE, THIS IS JUST MY OPINION.
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