As you remember, according to the chart, I study the patterns of stock movements from the stock market, and superimpose them on the Bitcoin chart. Why am I doing this? The largest market participants are professional traders who perform the same actions in certain situations. A large number of professional traders work in the stock market. So I found an interesting pattern that work and there are good reasons for that.
By the way, Biden's victory and lack of prediction of the results = will push the cryptocurrency market down. Many, on expectations of the election result, bought Bitcoin in order to get away from the volatility in the elections and after them. If everything will be without delay, it makes sense to take profit.
😂😂😂😂😂 $6500... Not a chance. Total US currency supply inflated by 25% in 1H 2020 alone and Biden Administration is set to accelerate that. On top of that actively 98% of the planet still has zero Bitcoin exposure and is witnessing this Central Bank shenanigans and will soon be desperate for a way to protect their wealth....
contemplatingcrypto
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@TradeHappyKyle, BIDEN'S TAX PLAN COULD CAUSE INVESTORS TO LIQUIDATE THEIR ASSETS TO AVOID AGGRESSIVE TAXES, DXY COULD ROCKET.. WHAT YOU THINK? AND BTC IS THE EXTREME GREED PHASE...
Total US currency supply inflated by 25% in 1H 2020 alone and Biden Administration is set to accelerate that. On top of that actively 98% of the planet still has zero Bitcoin exposure and is witnessing this Central Bank shenanigans and will soon be desperate for a way to protect their wealth....