With major breakthroughs in the G20 summit this weekend, I can expect a stronger rally in the USD and a weakening BTCUSD. I said in my last post and the one prior to that BTCUSD will fall to 11,000$ and then fall into a range. WIth current events likely to benefit CFD's, Stocks, and currencies, I am bearish on BTCUSD for the time being until global recession starts to kick into gear in a few months.
