Speculation about possible way this could play out
I know many have the last big descending triangle drawn larger and I agree with it, but I just wanted to give here an additional look at it. This is just good old fashion speculation here, and its a bit like trying to ques the one of the many unlimited parallel realities that can happen so take it as you want.
Recently 11k shorts have disappeared within minutes from Bitfinex and not long after we saw them sold in one swoop, right before the news broke about NYAG forbidding Bitfinex accessing Tethers funds. This gives room to speculation that maybe this person was privy to some more gloomy news soon to come and was fortunate enough to be allowed to abandon the ship before it sinks. I'm just quessing here that this whole rally was Bitfinex scam and we'll see some really bad news soon that will give us this correction everybody is waiting for but it may happen it will be slightly deeper than we think.
Recently 11k shorts have disappeared within minutes from Bitfinex and not long after we saw them sold in one swoop, right before the news broke about NYAG forbidding Bitfinex accessing Tethers funds. This gives room to speculation that maybe this person was privy to some more gloomy news soon to come and was fortunate enough to be allowed to abandon the ship before it sinks. I'm just quessing here that this whole rally was Bitfinex scam and we'll see some really bad news soon that will give us this correction everybody is waiting for but it may happen it will be slightly deeper than we think.
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