There seems to be 2 concurrent trends forcing Bitcoin right now:
a) long-term recovery: hashrate, CME volumes, BAKKT & Fidelity launch, 2020 halving, etc
b) downtrend after 13.4k overshoot: harsh remarks from Trump & team, potential Tether litigation, Libra project negative impact
a) long-term recovery: hashrate, CME volumes, BAKKT & Fidelity launch, 2020 halving, etc
b) downtrend after 13.4k overshoot: harsh remarks from Trump & team, potential Tether litigation, Libra project negative impact
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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.