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factorco
5 אפר׳ 2020 15:05

BTC is struggling despite a fundamental "perfect storm" 

Bitcoin / DollarBitfinex

תיאור

If there were ever a set of global macro fundamentals to drive BTC price higher, it is now, with COVID-19 shutting down business, a bear market in global equities and massive QE-infinity by the U.S. Fed.

Yet, BTC is struggling to correct its March price decline, and the correction is now poised to roll over to the downside.

When will BTC bulls acknowledge that their basic "moon-shot" narrative must be challenged when the object of their worship remains in a 28-month bear trend?
תגובות
Moe_mentum
Uncle Pete.. Max respect. you are awesome .. keep them coming,
Please don't listen those data traders, or 100 type of chain analyst. Because most doesn't know how to chart market structure.
Agomagar
Thanks for sharing. We are lucky to have your insight from time to time in tradingview !
Jolgan
Careful here Peter, you know you can't delete these like you delete your tweets.
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