Bitcoin On The Cusp



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There are two conflicting signals in the price action of bitcoin.

The China / U.S. trade war moves the situation continues to escalate or at least not-escalate.

Against this, altcoins are not prospering.

Here is a chart with several major altcoins running alongside bitcoin.

Credit: ADVFN

This underlines that the bitcoin is driven by the U.S./China trade war as buyers have come into the market to get as far as they can as possible. It's the bitcoin as a digital gold theme in practice. Getting into the smaller crypto assets is simply going to be more important than dumping your fiat into the future.

It is, however, still noticeable when it comes to mining and dropping for the sake of stagnating because it is not so much that it is not broad-based in its rationale.

It's probably a good thing because it's more likely that it will be more likely to be the end of crypto. Meanwhile, the potential for escalating disorder in the trade book is sufficient for a small goal.

So now BTC is making a run at a break out above 11,000 and the chart pattern, as old as the hills, the flag.

I'm no fan of this technical indicator but it's quite popular.

Here it is:

Credit: ADVFN

In my experience you can keep drawing flags as the sideways trend expands, but they do not know what they are.

For me the chart is more interesting. It's the same chart but looked at

Credit: ADVFN

Now, that's a very bullish chart. It's a monthly chart. The thing to be remembered is the current bar can look very different in a day or two but that right now it looks to explode.

If this comes to pass, however, it is not possible to keep track of it. But it will be necessary to introduce the value of the value of the money to the other side of the world.

Forbes Crypto Confidential. It's free, sign up now.

—–

Clem Chambers is the CEO of private investors website& Nbsp;ADVFN.com and author of Be Rich, The Game in Wall Street and Trading Cryptocurrencies: A Beginner's Guide.

In 2018 Chambers won the Journalist of the Year in the Business Market Commentary category in the State Street U.K. Institutional Press Awards.

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Getty

There are two conflicting signals in the price action of bitcoin.

The China / U.S. trade war moves the situation continues to escalate or at least not-escalate.

Against this, altcoins are not prospering.

Here is a chart with several major altcoins running alongside bitcoin.

Credit: ADVFN

This underlines that the bitcoin is driven by the U.S./China trade war as buyers have come into the market to get as far as they can as possible. It's the bitcoin as a digital gold theme in practice. Getting into the smaller crypto assets is simply going to be more important than dumping your fiat into the future.

It is, however, still noticeable when it comes to mining and dropping for the sake of stagnating because it is not so much that it is not broad-based in its rationale.

It's probably a good thing because it's more likely that it will be more likely to be the end of crypto. Meanwhile, the potential for escalating disorder in the trade book is sufficient for a small goal.

So now BTC is making a run at a break out above 11,000 and the chart pattern, as old as the hills, the flag.

I'm no fan of this technical indicator but it's quite popular.

Here it is:

Credit: ADVFN

In my experience you can keep drawing flags as the sideways trend expands, but they do not know what they are.

For me the chart is more interesting. It's the same chart but looked at

Credit: ADVFN

Now, that's a very bullish chart. It's a monthly chart. The thing to be remembered is the current bar can look very different in a day or two but that right now it looks to explode.

If this comes to pass, however, it is not possible to keep track of it. But it will be necessary to introduce the value of the value of the money to the other side of the world.

Forbes Crypto Confidential. It's free, sign up now.

—–

Clem Chambers is the CEO of private investors website ADVFN.com and author of Be Rich, The Game in Wall Street and Trading Cryptocurrencies: A Beginner's Guide.

In 2018 Chambers won the Journalist of the Year in the Business Market Commentary category in the State Street U.K. Institutional Press Awards.

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