79b79aa8
Well-Known Member
$1600 looks safe. of course, for all we know, it may not be hit again. or if we do, we could go a couple hundred below that. for now it is support.Looking for a short-term entry point.
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$1600 looks safe. of course, for all we know, it may not be hit again. or if we do, we could go a couple hundred below that. for now it is support.Looking for a short-term entry point.
On July 1st, the sales tax on Bitcoin will go away, and a new crypto exchange regulatory framework comes into effect. Exchanges that tow the line have the regulatory green light to operate in plain sight. The large Japanese banks too are all so comfortable with Bitcoin, given that they have stakes in all the major exchanges.
With solid banking relationships and a supportive government, Japan will become the most hospitable home for Bitcoin trading globally. The Japanese are prolific FX traders. Some of the largest CFD trading houses plan to launch Bitcoin / JPY leveraged trading products in July.
The amount of money that can legally flow into Bitcoin and digital currency related projects is in the billions of USD. The removal of the sales tax will allow market makers to properly provide ample liquidity to the market.
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Unlike China, Japan’s capital account is open. Yen can enter and leave Japan freely. This will allow the fruits of the Japanese liquidity to spread world-wide.
I don't know. Go Hurricanes?hese walls do look a little too symmetrical, any comments?