03-03-2020, 10:37 AM
▪ Analyst leaning towards bullish yet again suggesting bitcoin is in the middle of “turbulence before take-off”
▪ “Would 2-3 years delay reaching new ATH be such a big thing, really?” – Bitfinex whale Joe007
Bitcoin price has started off the new week on a green note, up 2.40% in the past 24 hours while trading at $8,825 while managing the daily trading volume of $870 million.
The digital asset saw green just as Asian markets came charging back after the Bank of Japan announced “ample liquidity” to maintain the financial markets. The US stock market is also expected to record gains after the Federal Reserve said they would act appropriately with the market expecting a 50 point cut this month. Trader Crypto Michael said,
“EQUITY MARKETS TURNING GREEN THIS WEEK, INDICATING THAT WE MIGHT HAVE A RELIEF RALLY. BITCOIN HOLDING THE 21-WEEK MA AND TOTAL MARKET CAP HOLDING 200-DAY MA. WE MIGHT BE IN FOR SOME RELIEF TOO.”
@TradeCryptoNow
▪ “Would 2-3 years delay reaching new ATH be such a big thing, really?” – Bitfinex whale Joe007
Bitcoin price has started off the new week on a green note, up 2.40% in the past 24 hours while trading at $8,825 while managing the daily trading volume of $870 million.
The digital asset saw green just as Asian markets came charging back after the Bank of Japan announced “ample liquidity” to maintain the financial markets. The US stock market is also expected to record gains after the Federal Reserve said they would act appropriately with the market expecting a 50 point cut this month. Trader Crypto Michael said,
“EQUITY MARKETS TURNING GREEN THIS WEEK, INDICATING THAT WE MIGHT HAVE A RELIEF RALLY. BITCOIN HOLDING THE 21-WEEK MA AND TOTAL MARKET CAP HOLDING 200-DAY MA. WE MIGHT BE IN FOR SOME RELIEF TOO.”
@TradeCryptoNow