BitcoinUpdated BITCOIN retest 4800 ???
Head and Shoulders forming before moving upwards ?
It could be possible that we will see a retest of 4800 - GREAT ACCUMULATION ZONE
Sentiment is Bearish (as Fuck) overall what means price will move up soo (capitulation). We have (or almost have) reached bottom. Miner Capitulation zone ?
We are close to halving, and on a perfect timeline. In tradition, price goes up AFTER halving because of HALVED "new supply" (mined coins).
At the Moment its happening during a contrary "Money Printing" by Banks. Effects could be mind blowing.
If Countries staying locked, there will start to happen big changes in politics. Noone knows what will happen. After deflation, we will have an Inflation. It will FORCE the price upside.
Markets (goldmarkets) are short on physical Gold supply.
It could be possible that we will see a retest of 4800 - GREAT ACCUMULATION ZONE
Sentiment is Bearish (as Fuck) overall what means price will move up soo (capitulation). We have (or almost have) reached bottom. Miner Capitulation zone ?
We are close to halving, and on a perfect timeline. In tradition, price goes up AFTER halving because of HALVED "new supply" (mined coins).
At the Moment its happening during a contrary "Money Printing" by Banks. Effects could be mind blowing.
If Countries staying locked, there will start to happen big changes in politics. Noone knows what will happen. After deflation, we will have an Inflation. It will FORCE the price upside.
Markets (goldmarkets) are short on physical Gold supply.
Trade closed: stop reached
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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.