JUST IN: The People’s Court of 🇨🇳 China has issued a comprehensive report that clarifies virtual currencies like #Bitcoin having legal status in the nation 👀
US President Richard Nixon ended the international convertibility of the Dollar to gold in August, 1971.
Though he stated his intention to resume direct convertibility after other reforms were completed, it did not happen.
$26k is clearly a pretty important level. Can only really get bullish once it re-claims that. Below is bearish bias.
I don't think that we're leaving this 25k-28k range soon though.
$BTC
Because it's literally the VCs/team asking for a perp, orchestrating the pump, manipulating funding rates and making certain on-chain transactions to bait people and then unload ungodly amounts of the supply they control once they've brought enough plebs to the slaughter.
This type of manipulation is so egregious. I wouldn't be surprised if exchanges were in on it too.
One day people are gonna see jail for this shit though. We're not bankers, we can't get away with stuff like this.
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