Support retested, zone under the green green block proven to be a strong buy zone.
Bitcoin pumped on news that the U.S. Fed will be buying anything: www.cnbc.com/2020/03...asset-purchases.html
U.S. equities pumped in pre-market too, but retraced rather quickly. It's a bullish sign that bitcoin did not slink back under support following the news pump.
Things I am wary of:
- Bitmain 03/27 $5000 euro-style bitcoin puts
- March 31st Mt. Gox repayment plan deadline involving 140000 bitcoin
- Daily close under support
- COVID-19 affecting market sentiment
- Oil price war causing unpredictable fluctuations in US dollar's value (but can it get any much lower?)
Bitcoin pumped on news that the U.S. Fed will be buying anything: www.cnbc.com/2020/03...asset-purchases.html
U.S. equities pumped in pre-market too, but retraced rather quickly. It's a bullish sign that bitcoin did not slink back under support following the news pump.
Things I am wary of:
- Bitmain 03/27 $5000 euro-style bitcoin puts
- March 31st Mt. Gox repayment plan deadline involving 140000 bitcoin
- Daily close under support
- COVID-19 affecting market sentiment
- Oil price war causing unpredictable fluctuations in US dollar's value (but can it get any much lower?)
Bình luận:
golly, rangebound. Possible for daily close to be at previous daily highs, 6441/6420/6470
My published indicators: www.tradingview.com/u/NeoButane/
Sorry if I haven't replied to your message yet, I'm a bit backlogged :)
Sorry if I haven't replied to your message yet, I'm a bit backlogged :)