https://ibb.co/cjwHt8The reason why BTC and the entire Altcoin market were a mess:- A large number of whales have made a speculation on Bitmex exchange, making the price of BTC unpredictably fluctuate. A large number of investors lost a fortune.
- Investors are mentally adversely affected due to the fact that winners of 2017 and early 2018 have withdrawn from the market.
- Sharks and exchanges always try to keep coin prices at low to collect coins. The amount of bitcoin in cool wallet has been pushed up high for a very short time: 7k 8k 10k 12k 14k 8k and recently 44k. However, unlike previous BTC pumping, BTC then experienced strong and deep dump (12k6 to 6k), but at that time 44k was not a good enough number when dumping BTC, so sharks were too alert to pump BTC at that price. The movement to dump BTC is to collect good coins, waiting for new capital poured into the market, which is expected to take place during the period of June - October.
In addition to the conference, there are a lot of assumptions about DX Exchange, the cryptocurrency exchange developed by Nasdaq. This is a safe and legitimate entrance to Wall Street. Currently, there have been 6 coins listed on the exchange: BTC, ETH, XRP, BCH, EOS, LTC.
https://ibb.co/kdSht8In addition, some important information should be noted:+ 40% of the coins on Binance and Bittrex have fake vol, which means the exchanges buy and sell themselves.
+ Capital flow is moving to new coins with better performance and genuine product. 60% of the old coins will be forgotten.
+ The capital flow is strongly running to Hadax. In the last storm, new coins still increased rapidly on Hadax, especially there were coins with the growth of X4 - X8 and a very large volume, quick liquidity. On many Chinese forums, Chinese trading community has also called for a move to Hadax (Houbi Pro) instead of Binance.