Tradingview has some amazing data on COVID. This chart is of importance for long term investment purposes (see fat disclaimer below).
Importantly this is about total of all cases infections and deaths. Some may say that's meaningless. But there are important features on the chart.
Say what you see! I'll say what I see.
If the war on COVID was being won, one...
Apparently the Bulls are attempting in vain to cushion the Death Cross, but seemingly they are not managing to do so, despite good news from Paraguay. There is a good chance that the price will fall further before it settles Time will tell. Elon Musk's tweet can be also classified as bearish.
Despite good news from Paraguay, the Bulls cannot deny the emerging death cross on 1D. The negative headlines from China are still current and many miners still need to relocate before we have positive fundamentals. This could take a few weeks.
The current buying attempts to move the price to the 40k mark are attempts to save the current short term trend, but if...
Okay, I believe that the death cross will have very little influence on the local bottom of BTC price as I think it's already been factored for. An interesting pattern i can see forming is an ascending triangle pattern with the Gann line as support and the red zone as resistance (area between the 55 and 200 EMA) . I believe once BTC is able to break past this...
It might sound crazy, but if history is relevant to today's bull market. Then, we could see a bull market the likes of which no one have seeing in our live times. But,
what about if we do not ???? what about if we get some of the less readings. time will tell the story. CHARTS FOR THOUGHT !
wish you all the best.
The COVID-19 is pandemic and not epidemic because it touches all continents all around the world.
It is exponential ant not gaussian because there is a second wave in a lot of countries.
But maybe the first wave never stopped, and we are testing more and more people.
Maybe the curve with continue to grow but start to flatten, nobody is able to predict the...