+++ P.O. (BBG) Bitcoin Tests 200-Day Moving Average as Selloff Deepens

P.O.
…All crypto currencies are worthless and can eventually go to zero, or a price near zero.
If a lot of people are suspicious of Fiat Money ( the power to do in Latin )which what all the Countries have, what can we say about these non regulated “inventions”…?
I entirely agree with Professor Nouriel Roubini…
The crypto currencies are the bigest fraud in history.
For the record i always said so.
Please revisit my Personal Opinions on the Bitcoin.
“That’s All Folks!”
 
Francisco (Abouaf) de Curiel Marques Pereira

(Bloomberg) — After a 45 percent selloff over the past
week, Bitcoin is poised to fall through a key technical level
that hasn’t been breached in more than two years. The
cryptocurrency dipped below its 200-day moving average in early
Asian trading hours on Tuesday and was hovering around that
level as of 12:34 p.m. in Hong Kong, according to data compiled
by Bloomberg. The last time Bitcoin breached its 200-day moving
average, in August 2015, the cryptocurrency sank as much as 24
percent over the following two weeks.