As you remember, according to the Bitcoin Navigator chart, I study the patterns of stock movements from the stock market, and superimpose them on the Bitcoin chart.
Why am I doing this?
The largest market participants are professional traders who perform the same actions in certain situations. A large number of professional traders work in the stock market. So I found an interesting pattern that work and there are good reasons for that.
By the way, Biden's victory and lack of prediction of the results = will push the cryptocurrency market down.
Many, on expectations of the election result, bought Bitcoin in order to get away from the volatility in the elections and after them. If everything will be without delay, it makes sense to take profit.
Best regards EXCAVO
Why am I doing this?
The largest market participants are professional traders who perform the same actions in certain situations. A large number of professional traders work in the stock market. So I found an interesting pattern that work and there are good reasons for that.
By the way, Biden's victory and lack of prediction of the results = will push the cryptocurrency market down.
Many, on expectations of the election result, bought Bitcoin in order to get away from the volatility in the elections and after them. If everything will be without delay, it makes sense to take profit.
Best regards EXCAVO
Komen:
Shadow took from this chart
Komen:
bitcoin navigator by 4 nov 2019
Komen:
Apr 2020
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More info
partner.bybit.com/b/excavo
t.me/excavo - admin
t.me/excavonews
t.me/excavochannel
