FA:
- G20 summit (markets been pumped prior to that event - dump on event)
- CME futures expire
- FED reduction
- 26-28.11 been Consensus Invest conference (BTC been pumped during that time - dump after event)
TA:
- notice very strong trend channel of entire correction since 6300$
- two gann fans supporting possible outcomes
- RSI bearish divergences
- RSI...
Good day everyone and welcome to the post G20 analysis on Bitcoin!
Let’s start by having a mini recap on what happened the past couple of days. On March 18th we continued to decline towards the start of the previous wave (1) in a descending wedge pattern. We hit the bottom of the wedge then BOOM, bulls were back on the scene! FSB brought out a statement saying...
