Critical Support For A True Milestone
Since the day known as the "Trump Trade", many experts have summarized the movement of Bitcoin's price up to today with H&S pattern.
There are only 9 days left until Trump's inauguration. If it is true that the day known as Trump Trade was followed by a price spike in the following days, which we marked as a support level because the previous ATH was exceeded, then the challenge is in the remaining 9 days whether America can really change the world economy because became the first country to implement Bitcoin into its laws.
However, if the day Trump is inaugurated or the days leading up to the inauguration cannot be a catalyst for Bitcoin to surpass its new ATH ($108.000 mark), then of course we will see that the experts' opinions are right about Bearish Quasimodo and we will lose the dream of America becoming greater, because there is nothing more interesting about Bitcoin other than the fact that the price is back to where Trump said America could be greater with him than Kamala Harris (back to old ATH).
There are only 9 days left until Trump's inauguration. If it is true that the day known as Trump Trade was followed by a price spike in the following days, which we marked as a support level because the previous ATH was exceeded, then the challenge is in the remaining 9 days whether America can really change the world economy because became the first country to implement Bitcoin into its laws.
However, if the day Trump is inaugurated or the days leading up to the inauguration cannot be a catalyst for Bitcoin to surpass its new ATH ($108.000 mark), then of course we will see that the experts' opinions are right about Bearish Quasimodo and we will lose the dream of America becoming greater, because there is nothing more interesting about Bitcoin other than the fact that the price is back to where Trump said America could be greater with him than Kamala Harris (back to old ATH).
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.