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Covid-2019

#Bitcoin #Stocks #AirBNB and #Covid-19 #CoronaVirus affectFirst off let me start by saying thank your frontline Essential services, the first responders out there risking their lives to keep us safe. We had a very nice run but the levels for this pull back were clearly defined on smaller levels than the hour even more precisely with #NinjaScalper posted levels but the houlry allows to give a more broad stroke to the chart that is soon to be our future. This is a review of those levels as right now the support BTC is playing with breaks we have $6200 being revisited as a huge possibility over this long weekend. Where Bitcoin goes the market will follow, with many US citizens not having more than $1500 in savings and most not financially being abler to survive 30 days more of this let alone the projected 6 months, we may see a cascade of asset selling from #bitcoin, #stocks, #cars to #AirBNB properties (many are over leveraged) banks are predicted models of as much as 30 foreclosure within the 1/2 year. The Wall Street Journal reported Feb2020 that Airbnb had recorded a $322 million (£248.65 million) net loss in the first nine months to September in 2019. A considerable drop from the $200-million profit reported by the world’s largest online marketplace for lodgings in 2018, $31B company in 2017. The AirBNB effect as we call it on the local housing markets is of a significant cause for concern, particularly when looking at its impacts on housing stock, prices and communities. Most of these owners are leveraging equity from one home to get into another and so on, relying thinly on a short term rentals to cover the mortgage costs. This is the housing bubble 2.0. A vaccine truly is the needed saving grace, while I will stay away from conspiracy theories the fact of the matter is PROFITS ARE GOING TO BE PARAMOUNT as we can see how the USA patent on the HIV vaccine was costing nearly $1800 in the USA vs $8 in a country such as Australia. People can't afford to hold bitcoin IF IT LOSES VALUE SHORT TERM BECAUSE THEY MAY NOT SURVIVE TO SEE THE LONG TERM INFLATION HEDGE Only those who have benefits and still working are going to be able to weather the storm in both #Cryptocurrency , #StockMarket and #RealEstate Stay safe trade safe and be safe at home Do you own due diligence For access and support visit the website in the signature. The trade alert is based as always on the Trade Trend Indicator suite based on 24 years of stock trading experience The TTI Suite identifies high probability of profit trade entry ideas and account saving exits #TradeSafe #Tradesocially #TheDarkArmy None of this is investment advice just for your infotainment and edutainment
BYBIT:BTCUSD.P
by Osirustwits
3
BTC seems to have succeeded crash recovery.Before March's crash (shown as vertical yellow line), which mostly was due to COVID-19 news, BTC was following a gradual down trend (shown as the red trend line). I believe that we've been through a recovery phase since the crash and we are almost there. The price is getting close to pre-crash trend line and is somehow showing respect to it. If you notice the few last candles you will see a downtrend (green line) with approximate same slope and just some offset. This means that BTC will soon see 6k again and first will have to test 6800 resistance. This whole scheme will become meaningless if BTC breaks the red trend line sharply upward. Please suppurt me with your likes and let me learn from you by your comments.
Short
by p0o0uya
5