Bitcoin macro view - post corona madness

23 Mar 2020

This takes into consideration major global events and estimated time frames regarding treatment advancements for COVID-19 in relation to technical indicators such at wedges/triangles and fibionacci time zones from last local low on the weekly. Volume is interesting. The early March exodus was caused by mostly institutional investors exiting and retial remains. At this present time the US and UK are running short on medical supplies and ventilators despite having 3 months of a head start notice. The public is losing confidence, hoarding supplies and withdrawing cash due to cash usage bans bc of viral transmission. My price movement estimates upward are based upon vaccine/treatment news timelines from a Canadian vaccine maker, Inovio, and australian researchers and their current trajectories.