The Bounce Is In... Time 2 Make Money (Bitcoin + Altcoins Quick)

17 בספט׳ 2020

Just perfectly as we charted, Bitcoin went on to bounce to around $11,000/$11,300 before the next move.

As the chart is looking now, Bitcoin can start to retrace or go a bit higher before...
But just as Bitcoin hits local resistance and starts to test support, many of the altcoins are completing their corrections and ending up with a higher low.

The market is in a distribution/consolation phase but will soon resume its growth.

We are likely to see a slightly bearish Bitcoin while the Altcoins and the entire cryptocurrency market continue to grow.

Additional details on the next update...
Stay tuned for more.

Namaste.

19 בספט׳ 2020

הערה

The S&P 500 Index And The US Elections | Theory, Comments & More

The SPX is looking bearish now and it has been moving together with Bitcoin.
Meaning that Bitcoin can also continue bearish if the SPX stays bearish.

But if Bitcoin goes strong bullish, it can be a signal that the SPX will open bullish on Monday... We just wait and see, watch and enjoy.

Namaste.