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Follow up on #BTCUSD
Hello friends.
I have been hearing a lot lately, that the market is over the market will crash, this the end, etc, and I believe many of you heard the same.
Isaac Newton did say for to every action there is an equal and opposite reaction. this simply applies to any market.
We all know that more and more economies around the world will soon open, but let us talk specifically about the US economy.
>>The USA economy open ( action) dollar gets strong (opposite reaction)
>> Strong dollar (action) >> lower Bitcoin ( opposite reaction)
>> for every seller >> there is a buyer, you get the idea
And this applies to any market guys, as money always in constant motion and will always go and find another opportunity to invest until it finds an equilibrium point and while doing that the market can stretch both ways
The chart is still intact, no major damage been done, we are still in a bull market from my point of view, anyway, I have a long-term view on BTC and I believe it holds a huge value.
What do I expect from BTC, I won't be surprised if the market drops towards 50000 or 48000 just to shake some weak hands, and maybe start the rally back from there,
Safe trading everyone Check today analysis below⠀
>> The market can stay irrational longer than you can stay solvent. _____________________________________________________________________________⠀ -Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀ -Please note this is just a PREDICTION and I have no reason to act on it and neither should you
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