Yet another rejection
تم تحديثه
I personally do not see BTC going to new highs or even >10K , given the climate that the world is in now.
If you realise, BTC is tracking S&P very very closely, when S&P dumps, BTC follows.
BTC will always be considered an alternative investment as compared to traditional markets such as stocks etc.
Once there is a strong move downwards for stocks causing margin calls, investors will first liquidate their risky assets to fund their safer ones.
So until a vaccine is manufactured and distributed worldwide, everything is going to go lower.
Cash & Gold is king during this period.
Stay safe and healthy folks.
My buy Zone is 1K - 3K, we have yet to see capitulation.
If you realise, BTC is tracking S&P very very closely, when S&P dumps, BTC follows.
BTC will always be considered an alternative investment as compared to traditional markets such as stocks etc.
Once there is a strong move downwards for stocks causing margin calls, investors will first liquidate their risky assets to fund their safer ones.
So until a vaccine is manufactured and distributed worldwide, everything is going to go lower.
Cash & Gold is king during this period.
Stay safe and healthy folks.
My buy Zone is 1K - 3K, we have yet to see capitulation.
تعليق
BOINK!تعليق
Scam wick at 7 - 7.1k to take out the late shorters and down we go.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.