alanmasters

Bitcoin Monday Getting Closer | Trump COVID Positive | Blood?

Short
BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Monday's tend to be bloody for the crypto markets...

We have the really bad news of Trump testing positive for COVID-19, which can lead to the markets bleeding.

This can turn into a blessing if everything turns out fine for Trump (he is in the high-risk category), as he will be able to say that he got over it easily, that the disease is mild so it is even easier on the young... but the markets will suffer regardless short-term.

(If Trump dies of COVID-19 though God knows what will happen... The whole world media might go bananas...)
Let's hope he gets well. :)

Are we about to see a very bad Monday?
That is exactly what is likely to take place.

We are seeing distribution take place in the past few days... With the MA200 backline moving up, prices are likely to go down to meet it half-way...

The MACD is also below zero and about to print a bearish cross...
Bitcoin will drop...
What's your take?

Namaste.
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Comments

all wrong

just nonsense

poor guy
+7 Reply
alanmasters MasterPlayer
@MasterPlayer, Why do you think is that, what is happening?
Reply
@alanmasters, I don't understand how you say BTC is going to $5555 yet you post chart after chart of altcoins that are going to moon. How can they moon if BTC is going down by 50%? Ever hear of click-bait?
Reply
alanmasters HowToBuyBitcoindotnetdotau
@HowToBuyBitcoindotnetdotau, Altcoins boom when Bitcoin peaks.
Reply
@alanmasters, Altcoins drop 50% when BTC drops 50%
Reply
alanmasters HowToBuyBitcoindotnetdotau
@HowToBuyBitcoindotnetdotau, When Bitcoin goes up, Altcoins go down.

The charts I am posting are for ALTSBTC (Altcoins vs Bitcoin) pairs.

These tend to grow the most when Bitcoin peaks.

If this is the peak, you can expect a mini bull run for the altcoins.

Of course, this is just my experience based on what I see year after year reading thousands of these charts.

Namaste.
Reply
@alanmasters, I don't care what chart it is. You telling everyone BTC is about to drop 50% and then tell them altcoins are going up by 150%. Bit of a contradiction. You honestly think BTC dropping 50% that all this BTC will be poured into alts? LOL, you sure smoke some good stuff.
Reply
alanmasters HowToBuyBitcoindotnetdotau
@HowToBuyBitcoindotnetdotau, Relax...

It is not a contraction, each chart is separate.

Don't trade if in doubt.

Do your own analysis.

Wishing you a nice day.

Namaste.
Reply
"really bad news of Trump testing positive for COVID-19"
.........
did you literally just say that a psychopath murdering manchild fascist getting the deadly virus that he didnt give a single crap about the other 208,000 americans getting and dying from already -- getting a taste of his own "medicine" --- is a BAD THING????????

poetic justice is the definition of that.
+3 Reply
@ezpi, you should have your head checked !
+5 Reply
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