BTC Lower Highs, Lower Lows
Bitcoin has been making lower highs and lower lows as seen in the graph. I call them stairs to the downside. With the current economic state of the United States, it's not looking too good. $27 trillion in debt and there has not been one trading day yet since Trump got diagnosed COVID-19. I would assume that this quick move up will be quickly swept away tomorrow as soon as the stock exchanges are open. I'm bullish on cryptocurrencies long term but for the short term, it's not looking too good for anything. DYOR. Use Due Diligence. Not financial advice.
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