Bitcoin
Short

BTCUSD, Might reverse to 6K levels!

134

Key Points:
- Fake breakout.
- Broke short trendline.
- Head and shoulders pattern formation.
- Volume decrease.
- Potential second wave of COVID-19, which can result in a lockdown.
- Increase of dept.
- Increase of jobless claims USA.
- Companies are liquidating staff and expansions to increase their dividends, to attract investors (increase of the SP 500). Greed level is rising.
- Bitcoin has not yet proven itself as a safe haven, in comparisons as gold.

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