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RE: Some encouraging signs after a rough week in crypto land!

in #cryptocurrency8 years ago

Yes. It would be nice if we could just fast forward until September 30th... Although I think the liquidations should be slightly more orderly going forward now that the "shock" is gone.

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If the major Chinese exchanges are going to shut down, at least temporarily at the end of the month, we might see even more upside as Chinese traders buy bitcoin to get their founds out of those exchanges. This might actually be very bullish news.