Stocks and crypto look like they might be setting up an ultra bull-trap. It is possible the move yesterday between stocks and crypto was the bull-trap and bears were frontrun. The halvening lines up well with a retest of the upper resistance line around 10500 though. Personally, I do not believe in a v-shaped recovery. Corona virus has reprogrammed our behavior in ways that will negatively impact economies around the world.
Just my opinion. Not financial advice.
Just my opinion. Not financial advice.
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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.