Bitcoin statistics: No panic during the red period 30.1/31.1

in #bitcoin6 years ago

I would like to share something with you. For me the price indicator is the strongest sign that people are selling in panic. It seems like there were no panic during the last two days. As you can see the price width is relatively low:

It seems like there is no sell panic at the moment.

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You mean the was panic during the last two days. 😋

The CME futures on BTC are closed over the weekend. The panic isn't panic... It's the banks dumping contracts to control the price (like silver, gold and basically everything with futures options). Watch the price fall between the March and April contracts first thing Monday or late Sunday.

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