From 6.400 to 10.100 in one month
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Bitcoin reach bottom nearly at $4.000 USD, that was a flash, no one in localbitcoins sold their BTC for less than $6.000 at any moment. It was just the COVID panic...
Now we are seeing a huge demand for Bitcoin and there is no real offer, there is no volume for bitcoins at sale.
Also, we have two fundamentals for a bull market on Bitcoin:
FED PRINTING MONEY: theguardian.com/world/2020/mar/24/coronavirus-data-shows-biggest-hit-to-business-activity-since-records-began
usdebtclock.org
BITCOIN HALVING: medium.com/swlh/bitcoin-halving-2020-are-we-really-standing-on-the-edge-of-a-rally-c9faea110b7b
Disclaimer: I dont know anything about nothing, so do not take any of here as advice for investment.
Now we are seeing a huge demand for Bitcoin and there is no real offer, there is no volume for bitcoins at sale.
Also, we have two fundamentals for a bull market on Bitcoin:
FED PRINTING MONEY: theguardian.com/world/2020/mar/24/coronavirus-data-shows-biggest-hit-to-business-activity-since-records-began
usdebtclock.org
BITCOIN HALVING: medium.com/swlh/bitcoin-halving-2020-are-we-really-standing-on-the-edge-of-a-rally-c9faea110b7b
Disclaimer: I dont know anything about nothing, so do not take any of here as advice for investment.
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