Starting from 25 January 2021, it seems like Bitcoin is making a huge head and shoulders pattern.
It will test 40k at first (at least what I think) then will finish the right shoulder. And in terms of narrative it aligns too. We will follow the stock market until the election, there will be a crash just before or after election in stock market where we will see the 40k and while finally we feel the recession; BTC's value in terms of being deflationary will be noticed. Especially while we have the ETF and easy access for less tech-savy people.
But that is just an idea, a thinking out loud. Not a financial advice and do not trade on this.
It will test 40k at first (at least what I think) then will finish the right shoulder. And in terms of narrative it aligns too. We will follow the stock market until the election, there will be a crash just before or after election in stock market where we will see the 40k and while finally we feel the recession; BTC's value in terms of being deflationary will be noticed. Especially while we have the ETF and easy access for less tech-savy people.
But that is just an idea, a thinking out loud. Not a financial advice and do not trade on this.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.