Cryptocurrencies — November-2020 RSS

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The Bitcoin parabolic advance

The Bitcoin parabolic advance

Introduction Bulls suffer for 3 years since the 2017 top with $BTC at $20000 (on Coinbase) We had some good volatility in 2018 and then in the first half of 2019, and then as you all know, Bitcoin used to range at the 10K, then 6K then 3K levels for months. Without volatility and volume, a trader cannot do much magic here. It was quite hard to trade Bitcoin and alts due to the lack of interest from the institutions and retail. But now, the good fundamental news are released almost on a daily basis. Paypal enabling payment with crypto for their US customers, Microstrategy, Grayscale, Square, ... investing massively in Bitcoin. Plus, we know have many more "blockchain" indicators...

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