BTC is struggling despite a fundamental "perfect storm"
If there were ever a set of global macro fundamentals to drive BTC price higher, it is now, with COVID-19 shutting down business, a bear market in global equities and massive QE-infinity by the U.S. Fed.
Yet, BTC is struggling to correct its March price decline, and the correction is now poised to roll over to the downside.
When will BTC bulls acknowledge that their basic "moon-shot" narrative must be challenged when the object of their worship remains in a 28-month bear trend?
Yet, BTC is struggling to correct its March price decline, and the correction is now poised to roll over to the downside.
When will BTC bulls acknowledge that their basic "moon-shot" narrative must be challenged when the object of their worship remains in a 28-month bear trend?
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