MASSIVE INDICATOR ON THE BITCOIN CHART! Bitcoin Halving 2020

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Bitcoin (BTC) price perked up today, rallying from $5,688 to a daily high at $6,600. The digital asset defied the worst fears of analysts by holding above the $5,400 support and currently Bitcoin continues to show growing strength in the face of wilting equities markets.

Opfallend, gold and silver prices also rallied 4.42% en 5.94% as the S&P500 and Dow closed the day with moderate losses. This could indicate that market participants who recently exited their stock positions could be looking for shelter and growth in store-of-value assets.

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MASSIVE INDICATOR ON THE BITCOIN CHART! Bitcoin Halving 2020

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Created by Sara Bauer en Richard Abermann

26 comments

  1. If we don’t dump bitcoin to safe entry prices the institutions want in at as a hedge then could the SEC introduce rules banning bitcoin?

  2. I think this whole fiasco is just a transfer of wealth from the public, to corporations, that will now be indebted (owned?) by the Federal ReserveOur dollars are going to lose a lot of value, I expect higher tax rates and values of all property to drop. People are going to flock to BTC because it can’t be inflated, it can’t be controlled, and anyone who does even a little bit of research will know what they’re investing in. Altogether we will have a lot more newbies to Crypto which means awareness and faith in blockchain technology, more volume, and making it more clear than ever to people that paper bills backed by LITERALLY nothing but promises to pay debt is a SCAM and we ALL pay for it because we don’t think there’s an alternative. Well there is an alternative

  3. Love the videos. Dankewol, as a beginner your videos are really helpful. No, this might be a silly question but which chart are you using? Keep putting out amazing content. 😁👌

  4. I would put my top line on the candles and not on the wigs. Then you get a rising channel, which is bullish

  5. My feeling is that you can draw as many lines as you like but when bulls get involved they can move the market regardless what the TA suggests.

  6. Bitdodgycoin is a joke the most unstable thing ever to put any money in no one knows why it goes up or goes down all pure guess work flip a Bitdodgycoin. lol

  7. Nice indicators, thanks for the tips. The last 4 hour close was 6590 (70 points above your 6520 bar) and price is currently 6720 as I write so it’s looking good so far today ;^)

  8. Every1 buy BTC with your 1000$ QE check..ensure it holds its value b4 the hyperinflation cycle begins🎯😁👊🏽

  9. I wish btc will go done to the $ 3700’s already that way we could stop wondering about it! Dan—-TO THE MOON!!!!

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