BITCOIN BTCUSD Buy the news, Sell the fact
Updated
NEWS
Bitcoin has hit a record value of $19,920.53 this month, prompting a surge of interest from British investors.
JPMorgan Predicts $600 Billion Bitcoin Demand
The Bank said that even 1% of asset allocation by large financial companies would result in $0.6 trillion BTC demand. The bank expects financial services companies from the US, EU, Japan and the UK to allocate at least 1% of assets in Bitcoin, with an expected Bitcoin demand of $0.6 trillion.
FACT
Bitcoin's Price Action around 1950 triggers intraday retraces.
When COVID fears & Gold price increase, BTCUSD price shows aggressive corrections.
TARGETS
Intra Day level 19118
Level To Reasses Overall Trend 18985
Bitcoin has hit a record value of $19,920.53 this month, prompting a surge of interest from British investors.
JPMorgan Predicts $600 Billion Bitcoin Demand
The Bank said that even 1% of asset allocation by large financial companies would result in $0.6 trillion BTC demand. The bank expects financial services companies from the US, EU, Japan and the UK to allocate at least 1% of assets in Bitcoin, with an expected Bitcoin demand of $0.6 trillion.
FACT
Bitcoin's Price Action around 1950 triggers intraday retraces.
When COVID fears & Gold price increase, BTCUSD price shows aggressive corrections.
TARGETS
Intra Day level 19118
Level To Reasses Overall Trend 18985
Note
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.