Perhaps the triangle was smaller? Truncated wave 5
With almost everybody screaming to short bitcoin, including many known well respected traders, could it be that we are actually done with the capitulation?
Of course the Corona crisis could still have a severe effect on the price. On the other hand, the FED and probably other Central banks are printing money like crazy. Which is exact the kind of craziness where Bitcoin was designed for...
Looking forward to your thoughts.
Of course the Corona crisis could still have a severe effect on the price. On the other hand, the FED and probably other Central banks are printing money like crazy. Which is exact the kind of craziness where Bitcoin was designed for...
Looking forward to your thoughts.
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