BitcoinLong
BTC/USD Ignoring Corona Sell-Off
Hi,
the big correaction trendlines are broken and I think we are on the way to ATH again. Politics, FED and ECB provide positiv data for Bitcoin (regulation, inflation ect.), so i think it's only a matter of time.
if you ignore the corona sell-off in march you can see a clear channel upwards on the weekly. Maybe we will see 14000 in december!
Buy @ 10700
SL @ 9800
TP @ 14000
I want to open a discussion about Bitcoin and regulation, because ECB and FED want to have a digital Euro/Dollar.
My expectation is that they will only allow Bitcoin for a certain period of time. With the attention of the next wave up, many people become aware and open to digital money. The following correction will reveal the downsides and the central banks will classify Bitcoin as illegal in order to bring their own "coins" to the people.
What do you think?
the big correaction trendlines are broken and I think we are on the way to ATH again. Politics, FED and ECB provide positiv data for Bitcoin (regulation, inflation ect.), so i think it's only a matter of time.
if you ignore the corona sell-off in march you can see a clear channel upwards on the weekly. Maybe we will see 14000 in december!
Buy @ 10700
SL @ 9800
TP @ 14000
I want to open a discussion about Bitcoin and regulation, because ECB and FED want to have a digital Euro/Dollar.
My expectation is that they will only allow Bitcoin for a certain period of time. With the attention of the next wave up, many people become aware and open to digital money. The following correction will reveal the downsides and the central banks will classify Bitcoin as illegal in order to bring their own "coins" to the people.
What do you think?
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