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wuweiparis
Jul 26, 2021 3:17 PM

Still downtrend BUT... Long

Bitcoin / U.S. dollarBitstamp

Description

To make it short, and using an existing chart:

The short squeeze happened this morning, pushing BTC to 39500 level. This is purely a dramatic play...

If it breaks 41000 USD, wow, we would be back on the road to 60K USD. This can happen before Dec 31/2021

Who know what would happen should we take into factors :
1. Inflation
2. COVID
3. SP500 start buying to hedge against inflation / dollar depreciation

Comment

ANY ONE brought any?
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