Bitcoin Having Speculative Movement
Currently, the global market is experiencing correction due to trader's/investor's fear of the economic outlook with COVID-9 outbreak. The US stock market is about to enter bear market ending record long bull market since 2009. The central bank around the world is responding to the market correction by cutting interest rates and preparing for stimulation package to help boost the economy. This is not the case with the bitcoin market. We are scheduled for supply decrease on May 9th reducing the from 12.5 to 6.25 BTC.
The media has not been talking about this phenomenon due to the focus on COVID-9 outbreak and its impact on the global equity market. We are looking to capitalize on the bitcoin market correction with supply change and speculative investment.
We are seeing two windows of buying opportunity at $7,400 and $6,500.
Please share your thoughts!
Let us analyze, learn and trade!
GenInvesting
The media has not been talking about this phenomenon due to the focus on COVID-9 outbreak and its impact on the global equity market. We are looking to capitalize on the bitcoin market correction with supply change and speculative investment.
We are seeing two windows of buying opportunity at $7,400 and $6,500.
Please share your thoughts!
Let us analyze, learn and trade!
GenInvesting
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