Our Alpha 16 members Professional Traders Club have a brainstormed this strategy to confirm Bitcoin rally to USD11000+ mark and finally to USD12500 marks by the end to July.
So what is moving Bitcoin higher and higher? Do you know the reason? We have your answer. There is a series of events that you see in the price action of the Bitcoin Extreme bullish pattern.
Here are the series of events that left Bitcoin the only King to rule the market and safe heaven for the investor.
All Major Countries of the G20 economy group have their interest rate negative or Zero. So where the investor has to invest? Stock markets are crashing, new business ventures halted, Govt is paying you to buy oil and their treasury bonds. Currencies are worthless because Govt started printing currencies as much as to support their economies with false medicine. So currency papers losing their value. DXY which is USD index is at its lowest. While assets value is growing since years Gold, Silver XAUUSD, Gold miners GLD index, GDX index are making new highs, Palladium is at its peak. So the only option left is Bitcoin the king to Crypto for people to save their hard-earned incomes. And this demand is never-ending.
Check the list of countries where you have to pay if you keep money in the current bank account because they want you to throw your money in poor economy and buy shares of the company so they can revive.
USA 0.00%
Switzerland -0.75%.
Japan -0.1%.
Australia 0.00%
England 0.00%
Euro 0.00%
Denmark -0.10%
And many more.
If you like our work please comment and share your views it will push us to keep sharing with you the premium ideas.
So what is moving Bitcoin higher and higher? Do you know the reason? We have your answer. There is a series of events that you see in the price action of the Bitcoin Extreme bullish pattern.
Here are the series of events that left Bitcoin the only King to rule the market and safe heaven for the investor.
All Major Countries of the G20 economy group have their interest rate negative or Zero. So where the investor has to invest? Stock markets are crashing, new business ventures halted, Govt is paying you to buy oil and their treasury bonds. Currencies are worthless because Govt started printing currencies as much as to support their economies with false medicine. So currency papers losing their value. DXY which is USD index is at its lowest. While assets value is growing since years Gold, Silver XAUUSD, Gold miners GLD index, GDX index are making new highs, Palladium is at its peak. So the only option left is Bitcoin the king to Crypto for people to save their hard-earned incomes. And this demand is never-ending.
Check the list of countries where you have to pay if you keep money in the current bank account because they want you to throw your money in poor economy and buy shares of the company so they can revive.
USA 0.00%
Switzerland -0.75%.
Japan -0.1%.
Australia 0.00%
England 0.00%
Euro 0.00%
Denmark -0.10%
And many more.
If you like our work please comment and share your views it will push us to keep sharing with you the premium ideas.
Note
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.