฿ Bitcoin BTC/USD Daily Video, October 05, 2020

[Sive Morten]

Good morning,

As we've got the bullish grabber on daily chart, the shape of downside action could change, but it is not the fact that it will be totally cancelled:

 

[soul rebel]

I like the fact a relatively small player such as MicroStrategy has allocated $450m Bitcoin investment last month, which could be the start of substantial institutional money being poured into the asset. This is going to be a very interesting period, I feel, for Bitcoin if other institutions also start making similar allocations.