You would think with everything going on we'd all be Bearish
Yes, I do realize that halving is coming up
I also know that Blockchain is a groundbreaking technology
What I struggle to understand is the unguardedly bullish stance many take in these times of Covid 19
Firstly, we're under the 200 MA. That's Prima Facie Bearish
Secondly, we're still in lockdown in most of the world. That means much of the world's middle class can't afford BTC right now.
Thirdly, we are up against Bill Gates' and the Rockerfeller's new currency (Patent no 2020/060606) Yes. You read that correctly.
None of this bodes well for BTC...
I also know that Blockchain is a groundbreaking technology
What I struggle to understand is the unguardedly bullish stance many take in these times of Covid 19
Firstly, we're under the 200 MA. That's Prima Facie Bearish
Secondly, we're still in lockdown in most of the world. That means much of the world's middle class can't afford BTC right now.
Thirdly, we are up against Bill Gates' and the Rockerfeller's new currency (Patent no 2020/060606) Yes. You read that correctly.
None of this bodes well for BTC...
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