BitcoinUSD and China's Corona Problem Elliot Wave Update 1 Hour
Updated
China has banned selling in their markets, and is desperately trying to prevent a market crash.
No one is allowed to sell when the market resumes on the 3rd.
Set bid price, no net sell before the 7th.
Permission for sales over 10M yuan.
Businesses desperate for funds to pay employees, and wants reduced taxes to help with the stress.
The Chinese have built 4 hospitals practically overnight, they have one of the largest quarantines in recent history, they're spraying disinfectant from drones meaning the virus can survive outside the body for several hours on tables, ect.
This will shake up trade in the US because we're so reliant on the Chinese and their economy to continue producing cheap electronics and misc goods.
Gold and Silver continue up, Bitcoin is reacting the same way to the news. Bull market will ensue.
Previous Analysis:
This is not trading/financial advice.
No one is allowed to sell when the market resumes on the 3rd.
Set bid price, no net sell before the 7th.
Permission for sales over 10M yuan.
Businesses desperate for funds to pay employees, and wants reduced taxes to help with the stress.
The Chinese have built 4 hospitals practically overnight, they have one of the largest quarantines in recent history, they're spraying disinfectant from drones meaning the virus can survive outside the body for several hours on tables, ect.
This will shake up trade in the US because we're so reliant on the Chinese and their economy to continue producing cheap electronics and misc goods.
Gold and Silver continue up, Bitcoin is reacting the same way to the news. Bull market will ensue.
Previous Analysis:
This is not trading/financial advice.
Note
LookupThai Doctors "Cure" Coronavirus Patient Using Powerful AIDS Drugs
Turns out this virus is related to Aids virus, and the aid virus is related to measles (it is very similar)
Funny how these viruses show up and seem to be weaponized, the corona containing a gene that wouldn't mutate on it's own, the gene that allows it to get into human tissue, and how the aids virus was very selective and spread so rapidly in a short timespan, or like lyme disease, where german nazi doctors were weaponizing ticks in the us...
The facility that does this type of research is just outside of wuhan, corona can also spells racoon, and that facility uses an umbrella logo, like resident evil.
Do they do this on purpose?
Makes you wonder.
Note
Yesterday was the 33rd day of the year, and 333 days from the new year (leap year)
also was the 02022020, there was plenty of symbolism in the superbowl if you were to look for it...
More rocky roads ahead!
Note
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