฿ Bitcoin BTC/USD Daily Video, May 25, 2020

Sive Morten

Special Consultant to the FPA
Messages
13,627
Good morning,

Bitcoin is drifting lower but stands above crucial 8K area and keeps chances on upside continuation:

 

soul rebel

Corporal
Messages
77
Thank you Sive
You have done a commendable job in your Bitcoin analysis being able to stand aside from all the hype and correctly observing the fact that Bitcoin has not performed like a safe haven asset during crisis scenario.
The price action I am looking forward to is hitting of OP on weekly at 3300 so I can buy some Bitcoin to keep for long term investment.
My sentiment.....Fiat is dying - Crypto is the future.
 
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marco_mmbiz

Sergeant
Messages
128
Thank you Sive
You have done a commendable job in your Bitcoin analysis being able to stand aside from all the hype and correctly observing the fact that Bitcoin has not performed like a safe haven asset during crisis scenario.
As I am writing, Bitcoin just spiked down dramatically to 7610, so the 8150 low has been broken and with any luck this will open the road down to the 3300 OP target on the weekly. That is the price action I am looking forward to so I can buy some Bitcoin to keep for long term investment.
My sentiment.....Fiat is dying - Crypto is the future.
Where did it spike down to 7610? It's still above 8800 right now, without any spikes. :oops:
 

soul rebel

Corporal
Messages
77
Where did it spike down to 7610? It's still above 8800 right now, without any spikes. :oops:
;)Sorry! didn't mean to alarm anybody - it looks like a glitch with my broker :mad:
I just checked on tradingview and there is no spike down, but my broker's chart is showing a massive spike down and bounce straight back up - so looks they they may be up to some tricks!
 

Sive Morten

Special Consultant to the FPA
Messages
13,627
;)Sorry! didn't mean to alarm anybody - it looks like a glitch with my broker :mad:
I just checked on tradingview and there is no spike down, but my broker's chart is showing a massive spike down and bounce straight back up - so looks they they may be up to some tricks!
No problem, I was just wondering. Maybe your broker has some huge wales on it.. :D
Yep. Sometimes big "mistakes" in quotes happens, but even among major trading platforms, such as BitFinex and Coinbase quotes are different. Currently Bitfinex provides better quotes by my experience.
 
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