Yellow Resistance trendline is 20000 - 2017 14000 - 2019
Red Resistance trendline is 14000 - 2019 10500 - 2020
Blue Support trendline is from Plus token dump 3500 - March 2020 5900 - April 2020 8800 - May 2020
Black Multi Neckline is Break Above is bullish momentum Breal Below is bearish momentum
Fibo Swing low to swing high means bullish trend and as we maintain 0.236 - 0.382 indicates violent move to the upside
fundementals: bitcoin can be slow to confirm transactions but in reality BTC is drying up from exchanges Social unrest in America / creates uncertainty for international investors = dump the dollar $ Covid-19 uncertainty / Hoax or not it lingers fear for international investments USA does not have sovereign policy to stop printing / 2.8 T was printed in May alone Global slowdown / causes traditional currency to devalue
Bitcoin is the only way to peacefully protest - in order to stop corrupt government(s) is only by Defunding it.
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.