Covid-2019
Bitcoin vs COVID-19 - The pathway back to all time highs in $BTCAs the world entered its first pandemic in 100 years all financial markets cratered in early 2020. Even popular safe haven assets like $GOLD were not immune to the rush to liquidity amidst the panic and uncertainty. $BTC not widely known for its "safe haven" status also suffered the effects of this global liquidity squeeze. After 30 days of pain the fed ultimately injected trillions of dollars of liquidity into the financial markets while dropping rates to 0%. As the money printers go brrrrrr and the horrific economic data confirms the damage, investors and now seeking alternative safe havens for their cash as the purchasing power of all currencies is eroded by central bank money printing.
The fundamental case for Bitcoin has always been there. Bitcoin, like Gold is hard money. By design Bitcoin is a scarce asset. You cannot print more bitcoin, there is a finite supply. Bitcoin is a weapon to battle deflation and inflation.
Regardless of your opinion on Bitcoin my argument is this:
Bitcoin will capture a growing asset allocation from investors as a hedge over the coming years. Not just from internet kids and contrarian investors but major institutions. A small shift in this allocation will send Bitcoin to a 6 figure price.
The Chart:
Bitcoin has broken up from a major falling wedge pattern. The volume spike is a massive tell. You can easily see the final capitulation followed by a very strong move upwards. 10500 is a key level and trading above here would provide strong conviction.
It's a miracle, forget vaccines for COVID, death itself is cured10th Aug 2020 -48 deaths, okay: British people are resurrecting from the dead.
[NVAX] Novavax: Preliminary studies produce promising resultsPreliminary studies on coronavirus vaccines have produced promising results.
I'm still a believer in their technology. Check out my previous NVAX posts and/or the first one. They have a promising technology that could revolutionize the vaccine industry. We (humanity) are already very behind in how we produce vaccines AKA using chicken eggs. So Novavax will hopefully pave the way for vaccines going forward.
Things to watch even after COVID-19:
- NanoFlu™
- ResVax™
- Recombinant Nanoparticle Vaccine Technology
- Matrix-M™ Adjuvant Technolog
TL;DR - To the moon and (probably) back lol
*Note: This is pure speculation and my own opinion*
NY Times: www.nytimes.com
CNBC: www.cnbc.com
GBP/USD Forecast | April 21, 2020Hello Traders! Considering the current status of COVID-19 and the upcoming UK Claimant Count Change (Unemployment Claims) that will be released in a few hours (Around 1 a.m. Central Time), we could expect to see a downward movement of the GBP. If unemployment rates are worse than expected, we can take this opportunity to make a profit by selling the British Pound. Again, due to the extremely high volatility of the markets in these past weeks, there still is a possibility that the markets could bounce up instead. For that reason, I would suggest using "Sell Stops" at a lower price point instead of current market execution so that you can add a layer of risk management in case the markets don't move downward.
Thank you for considering my opinion on GBP/USD!
- ALPHALICIOUS
Disclaimer: This is my personal opinion on the upcoming markets. I am not responsible for any trades that you place. Please trade using proper risk management and your own analysis. Thank you.
Yay, the chart is back!Yes, after disappearing for weeks the COVID-19 DEATHS_GB is back. And now we can see, probably not for long, that there were 3587 deaths in the week beginning 6th July 2020, a supposedly 8.69% increase. As I've watched COVID-19 charts change before my eyes I wouldn't be surprised if this disappears without warning or record too.
BIOL WWLooking for .48c entry
Tight stop below .45c support @ .44c
looking for PT1 .61c
RR 3.25
Risking 8.33%
for
Gains of 27.08%
PT2 .75c
Risking 8.33%
RR 6.75
Gains of 56.25%
PT3
Risking 8.33%
RR 8.5
Gains of 70.83%
TLRDHad to zoom out on my TLRD chart, looks like .20-.23c price zone will be the bottom. Then a nice pump to $16 in 2021, looking into the history of this chart we see that typically after TLRD has a big bull run year the stock then declines for the following year b4 having another bull run following the year of decline. A bottom is found and then the uptrend restarts and we could see $13-$16 maybe higher.
I will be looking to buy some at the .20c levels