🔴🔴BTC will go back to 28k 😢🔴🔴
--DOJ gets the bug guy , much like big stan--
I hate FUD , and delivering bad News , but not alot of people know the significance of Binance saga.
I am so Bearish for the reason below :
1- Binance made to be an example for all other exchanges , its like the movie Big Stan , when he went to prison and confronted the strongest prisoner. After that , it's a piece of cake , Kraken is next to pay big money penalty , and who knows what's the next targeted platform.
2- Crypto will be tough in the USA now , After Binance pledged to cooperate with US governmental agencies , alot of dirt will come out , such as an reported income Taxes for some people and entities , that will mean a lot will liquidate to pay what they owe plus penalties .
3- I believe that all the numbers mentioned in the DOJ conference are much less than real numbers , I am sure there are some loopholes undiscovered .
4- The Domino effect , some people will wake up in Asia to the bad news , only 25% of world population are awake during the press conference , the rest of the world 🌎 will wake up to make it worst !!
5- A lot of the Americans on Binance will want to move Thier assets , would be easier to move everything in one asset (usdt most likely )