Double WOW!! What a PUMP heading into the London open which is $50 and 30 mins away.
Now it's getting pretty BOLD edging up to $8,000. Will "new" longs get SMACKED DOWN by the
exchanges or will they let the "HOT" hand keep rolling the dice??
The NY open will be key......(stimulus "checks" in the U.S. ready to pour into crypto)
--IMHO--
So far these last few week, I have notice BTC has been moving up over night and over the weekend. So it has a chance to escape from the US market. I see BTC going higher prior to the well talked about "Bitcoin Halving".
Classic price move up and into the "known" event. We'll see what market pressures have to say after the event and if BTC has any "legs" to stand on.
Dang, BTC found support on the lower trend line, will it go lower if the market gets weaker?
I thought BTC had a mind of it's own? It's not acting as a safe place to park ones $$$, but
GOLD sure is breaking out and reaching for a new high. And that is exactly what GOLD is suppose to do while to "world" is drowning in DEBT.
Physical GOLD price touched...
