{"id":562278,"date":"2020-06-28T14:38:41","date_gmt":"2020-06-28T12:38:41","guid":{"rendered":"https:\/\/en.ethereumworldnews.com\/?p=562278"},"modified":"2020-06-28T15:06:34","modified_gmt":"2020-06-28T13:06:34","slug":"bitcoin-btc-turns-bearish-bitfinex-whale-reappears-on-twitter","status":"publish","type":"post","link":"https:\/\/en.ethereumworldnews.com\/bitcoin-btc-turns-bearish-bitfinex-whale-reappears-on-twitter\/","title":{"rendered":"Bitcoin (BTC) Turns Bearish, Bitfinex Whale Reappears on Twitter"},"content":{"rendered":"<p><strong>In brief:<\/strong><\/p>\n<ul>\n<li><strong>Bitcoin is once again battling to keep its head above $9,000.\u00a0<\/strong><\/li>\n<li><strong>Bitfinex Whale, @Joe007, has since reappeared on Twitter.<\/strong><\/li>\n<li><strong>@Joe007 had disabled his account when Bitcoin broke $10,000 in early May and looked set for a bull run.\u00a0<\/strong><\/li>\n<\/ul>\n<p>Famous Bitfinex whale, @Joe007, is once again active on Twitter after leaving the social media platform in early May. In a <a href=\"https:\/\/twitter.com\/J0E007\/status\/1277201749363904513\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">two-sentence tweet<\/a>, @Joe007 enthusiastically announced his return by stating that it was time to have some more fun. A screenshot of the tweet can be found below.<\/p>\n<p><a href=\"https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2020\/06\/JOE007-Tweet.jpg\"><img class=\"aligncenter size-full wp-image-562279\" src=\"https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2020\/06\/JOE007-Tweet.jpg\" alt=\"\" width=\"594\" height=\"149\" srcset=\"https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2020\/06\/JOE007-Tweet.jpg 594w, https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2020\/06\/JOE007-Tweet-300x75.jpg 300w, https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2020\/06\/JOE007-Tweet-240x60.jpg 240w\" sizes=\"(max-width: 594px) 100vw, 594px\" title=\"\"><\/a><\/p>\n<h2>Social Media is Addictive<\/h2>\n<p>@Joe007 also explained that social media is highly addictive stuff and advised kids not to do Twitter.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">The stuff is highly addictive. Don&#39;t do Twitter, kids.<\/p>\n<p>&mdash; Joe007 alerts\u00b7groups\u00b7funds? Scam! (@J0E007) <a href=\"https:\/\/twitter.com\/J0E007\/status\/1277209617001570304?ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\">June 28, 2020<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2>Why @Joe007 Had Left Twitter<\/h2>\n<p>@Joe007 had left twitter <a href=\"https:\/\/en.ethereumworldnews.com\/bitcoin-btc-whale-leaves-twitter-reappears-on-bitfinex-pulse\/\" target=\"_blank\" rel=\"noopener noreferrer\">back on May 7th<\/a> citing that he had many reasons for doing so with the primary one being to protect his trading setups. In his farewell thread on the social media platform, @Joe007 had explained that every trade he posted on Twitter was probably being re-engineered. Exposing his trading setups was one way he could end up losing.<\/p>\n<blockquote><p>\u2026I can\u2019t really afford Twitter. There are many reasons why I can\u2019t stay, unfortunately.<\/p>\n<p>Here is one. Trading is a dangerous, adversarial, high-stakes info game. It\u2019s played against best-in-class, looking for any advantage. Your trade results and views being public gives them too much advantage over you. There are tools reconstructing my portfolio out there already.<\/p><\/blockquote>\n<h2>His Return Coincides with a Bearish Bitcoin<\/h2>\n<p>To note is that @Joe007 has been known for his bearish outlook on <a href=\"https:\/\/en.ethereumworldnews.com\/category\/news\/latest-bitcoin-btc-news\/\" target=\"_blank\" rel=\"noopener noreferrer\">Bitcoin<\/a>. Prior to leaving Twitter, he was sure that Bitcoin would not break the $10,000 psychological level and that BTC was <a href=\"https:\/\/en.ethereumworldnews.com\/top-bitcoin-analyst-covid19-killed-btcs-bull-run\/\" target=\"_blank\" rel=\"noopener noreferrer\">headed towards bear territory<\/a>. But, BTC did the opposite and broke $10,000.<\/p>\n<p>However, the King of Crypto has had a hard time maintaining the psychological support zone of $10,000 and is once again in bearish territory battling for $9,000 as its current support.<\/p>\n<h2>Conclusion<\/h2>\n<p>Summing it up, famous Bitfinex whale, @Joe007, is once again active on Twitter after almost two months away from the social media platform. His departure in May had coincided with what many thought was a bullish Bitcoin. Additionally, his return coincides with a time period where Bitcoin once again looks very bearish.<\/p>\n<p>In his first tweet announcing his return, @Joe007 has stated that he is back to have some fun. This can be loosely translated to mean that Bitcoin is once again in bear territory moving foward.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In brief: Bitcoin is once again battling to keep its head above $9,000.\u00a0 Bitfinex Whale, @Joe007, has since reappeared on Twitter. @Joe007 had disabled his account when Bitcoin broke $10,000 in early May and looked set for a bull run.\u00a0 Famous Bitfinex whale, @Joe007, is once again active on Twitter after leaving the social media platform in early May. In a two-sentence tweet, @Joe007 enthusiastically announced his return by stating that it was time to have some more fun. A [&hellip;]<\/p>\n","protected":false},"author":22,"featured_media":562281,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[800],"tags":[1233,353],"_links":{"self":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts\/562278"}],"collection":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/users\/22"}],"replies":[{"embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/comments?post=562278"}],"version-history":[{"count":0,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts\/562278\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/media\/562281"}],"wp:attachment":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/media?parent=562278"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/categories?post=562278"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/tags?post=562278"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}