BTC and the fundamentals destroy the technical analysis by luck!
The new year starts memorably for bitcoin and all believers.
1 BTC: USD 1000.-
However, bitcoin price in China is already above $1000 in its equivalent in yuan, with trading price streak beyond 7,100 yuan (approx. $1022.35). A few exchanges, including the likes of Coinbase and Bitfinex have notably seen price cross $1000 per coin.
The continuous devaluation of the Yuan, the assumption of Trump as president, added to the FOMO and the good FOMO, with the excellent Momentum that shows the market, seem to devastate any kind of TA.
The news that is really coming up leaves us lucky, this time Mr. Elliot on one side.
As I write this idea the King continues bullish USD 1,011.00.- breaking the 5th wave of USD 959.87.-
Thanks for following and likes!
1 BTC: USD 1000.-
However, bitcoin price in China is already above $1000 in its equivalent in yuan, with trading price streak beyond 7,100 yuan (approx. $1022.35). A few exchanges, including the likes of Coinbase and Bitfinex have notably seen price cross $1000 per coin.
The continuous devaluation of the Yuan, the assumption of Trump as president, added to the FOMO and the good FOMO, with the excellent Momentum that shows the market, seem to devastate any kind of TA.
The news that is really coming up leaves us lucky, this time Mr. Elliot on one side.
As I write this idea the King continues bullish USD 1,011.00.- breaking the 5th wave of USD 959.87.-
Thanks for following and likes!
