On the 30min chart, things are crawling up. Cautiously optimistic about a small late Easter pump.
I hope you're right... I think the next 30m/3day/2months/etc are critical.
That said, the volume on this rise is so low. Hopefully it's the front of it.
Until the corona pandemic is not over, bitcoin price isn't going anywhere.
Interesting theory, above.
On the day of that above post, BTC prices had bounced between about $6,500 and $7k, and sure there can be some unfairness to go back and criticize any post or price prediction that is more than 5 weeks old...
Yet, we see that bitcoin does not have a tendency to NOT go anywhere, and sure we have a question about the macro-situation, including the stock market in the coming months, maybe preceding the US elections in November.
Can the stock market be propped up until November, and also there might be a decent amount of optimism about opening up in the past week or so, but the data is not looking good, even when spin is applied and surely we are not hearing about all the data, but it will be quite surprising to NOT get a lot of carnage out of the current opening situation, and how do you keep matters propped up, such as the stock market, in such circumstances.
And, then how will bitcoin perform? Will it continue to "not go nowhere," and of course, when we go past $20k, there will also likely be assertions that it is NOT going anywhere at that time too.... but sure, it could take a bit of time to get to over $20k, but I still believe that LFC has decently good odds in his favor, which is surely surpassing $19,666 by the end of 2021... that should be easy, peasy whether the corona virus is resolved by then or not, no?
