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Pika7993
Oct 31, 2020 12:15 AM

Indicator trade. Short Short

Bitcoin / U.S. dollarBitstamp

Description

Trade based off chart and technical indicator analysis. TP at horizontal line
Comments
MartyBoots
Bitcoin Bull Market = Another Bullish Triangle
MartyBoots
nice idea
Pika7993
Yea I’m aiming for the swing on the pullback and soaring from there given the elections. Bitcoin flew up when trump was elected in 2016. Regardless of who is elected I see Bitcoin Growth to continue. If Biden is elected investors may heavily rely on BTC as the dollar will go down with Biden’s expected financial planning. If Trump is elected he will push for more stimulus, tax breaks, etc which in turn will create more spending. Win win.
Options360
I think BCH/USD has way more potential upside when Paypal (Venmo) mentions it in it's earning announcement on 11/02.
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