Hello fellow traders,
I have analyzed BTC price on a weekly time frame.
Looking at this chart , I think this the trajectory that we will see in Bitcoin price action leading to the end of 2020 and getting into 2021.
If we include fundamentals and all the COVID19 and economic situation, i do not see big money coming in at least for the next 6-8 months.
I think I have said it all in the chart , it is very simple, and in most cases going back to simple analysis always shows most accuracy.
Please let me know in comments in you agree or disagree, and make sure to like and follow if you like my ideas, i really appreciate it.
Thank you very much,
George - Smart Trading Zone