petzergling

CFI Accumulation

Long
BITTREX:CFIBTC   None
CFI was launched in June (basically the top of ICO season) and has been more or less a failure since. ICOs have moved to private syndicates for funding and the CFI platform basically failed, resulting in a BTC price drop of over 75%. For the last 4-5 months it seems the chart has bottomed out and some buyers have been stepping in with some very large volume. CFI has gone quiet and given they still have partnerships with iconomi and other organizations from early last year, it is possible they are redoing their platform to something more modern. I think the accumulation volume calls for a small position buy near 1000
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