Bitcoin reach bottom nearly at $4.000 USD, that was a flash, no one in localbitcoins sold their BTC for less than $6.000 at any moment. It was just the COVID panic...
Now we are seeing a huge demand for Bitcoin and there is no real offer, there is no volume for bitcoins at sale.
Also, we have two fundamentals for a bull market on Bitcoin:
FED PRINTING MONEY: theguardian.com/world/2020/mar/24/coronavirus-data-shows-biggest-hit-to-business-activity-since-records-began
usdebtclock.org
BITCOIN HALVING: medium.com/swlh/bitcoin-halving-2020-are-we-really-standing-on-the-edge-of-a-rally-c9faea110b7b
Disclaimer: I dont know anything about nothing, so do not take any of here as advice for investment.
Now we are seeing a huge demand for Bitcoin and there is no real offer, there is no volume for bitcoins at sale.
Also, we have two fundamentals for a bull market on Bitcoin:
FED PRINTING MONEY: theguardian.com/world/2020/mar/24/coronavirus-data-shows-biggest-hit-to-business-activity-since-records-began
usdebtclock.org
BITCOIN HALVING: medium.com/swlh/bitcoin-halving-2020-are-we-really-standing-on-the-edge-of-a-rally-c9faea110b7b
Disclaimer: I dont know anything about nothing, so do not take any of here as advice for investment.
Note
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.