Bitcoin BTC price swiftly went back down to the $5,300 level, shedding more than eight percent in minutes. After extending its losses, the cryptocurrency is trading at $5,141 on the Bitstamp exchange.
The recent slump came after US President Donald Trump about covid 19 announced a press conference on the coronavirus. During this conference, the POTUS is expected to declare a national emergency over the pandemic.
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23 replies
  1. Lock Mcain
    Lock Mcain says:

    On the daily chart, we can view the current situation as an accumulation before upcoming growth. It is too early to think that the bottom has already passed. However, Bitcoiin is oversold, even on the big time frames. On the weekly chart, it is crucial to pay attention to the MA 2OO. If Bitcoiin closes below it in the current week, we can expect a bearish period of a few months. Otherwise, traders can expect a sideways trend between 6,OOOusd and 7,OOOusd shortly. It is important to consider that growth is possible only through an accumulation phase. so we might witness more crash till the halving happening in May 2O2O , for now you can only make profit by trading, for me i advice you multiply the little you have with Kentrell's strategy, i was able to make 7bt with I.5bt in 3 weeks with the same strategy, reach him on telegram kentrellroger orWhatsApp+1(2I3)34O-562O–__

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