tomiwolf

BITCOIN TO 30K

Long
BITFINEX:BTCUSD   Bitcoin
Technical analysis: a symmetric triangle going to break to 20k then 13k again and then 30k . if you ask when this is gonna happend i"d tell that i dont know when exactly but its gonna happend in the next years maybe.
Fundamental analysis : trade war is getting too strong as china sells the u.s bonds and also the devaluation of the yuan. china, russia, U.E is buying gold as a currency for reserve while the fed is cutting the interest rates for the first time in 11 years . Germany had slow his economic growth and is entering on a "technical recession" . China had his lowest economic growth in the last 30 years . Italia is on a recession, argentina had his worst day on history last monday 12/8 . The FMI redefine the world economic growth with a cut to 3.5% , the same level as 2009.
Its your decition to be in the side of the looser or in the side of winners...
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