Monday, 23 November 2020

#BITCOINS #Update 11-23-2020


Last week, we talked about the continued movement towards the top of the bullish channel. The price line remained above ema9 for more than a month, always closing above the previous candle weekly. I believe that we are only at the initial stage, as happened in 2016 in the U.S. presidential elections.

Regardless of who wins the U.S. elections, bitcoin will continue to rise because we are at the beginning of an economic recession.

Bitcoin's purpose has nothing to do with governments, political parties, elections. It is supported by a code without owner and without institutions, something really free and pure. In addition to being untouchable and intangible, its value goes far beyond what we have already seen. It is a revolutionary idea, liberation, an idea t…