This is a big test for Bitcoin.
If it gets unaffected by the whole world situation, we can expect to see Bitcoin going to new highs.
The time horizon is still not that clear but sooner or later, it’s happening.
So far, it looks good, especially because it’s not correlated with Gold and US stock market in the last few days.
Both of these are hitting new yearly or multi-yearly lows every day while Bitcoin is grinding up step by step.
If it gets unaffected by the whole world situation, we can expect to see Bitcoin going to new highs.
The time horizon is still not that clear but sooner or later, it’s happening.
So far, it looks good, especially because it’s not correlated with Gold and US stock market in the last few days.
Both of these are hitting new yearly or multi-yearly lows every day while Bitcoin is grinding up step by step.
While global stock markets are reaching new lows, Bitcoin is showing amazing strength.
It’s in a resistance area at the moment.
Break above that area could be a very bullish sign for Bitcoin.
I’m not bullish but just happy to see Bitcoin going against all other assets and proving its strength and worth.
It’s in a resistance area at the moment.
Break above that area could be a very bullish sign for Bitcoin.
I’m not bullish but just happy to see Bitcoin going against all other assets and proving its strength and worth.
The moment we start getting positive news about the current situation, the first asset to go up will be Bitcoin because it’s the one the least affected.
The reason for the drop was fear and uncertainty but once we experienced that fear, once everyone is shaken out of the market is the right time to catch the majority on the wrong side. If you were using leverage, you’re out because chances that you were using leverage 1x with stop loss below $3000 are pretty, pretty low.
Most of the people were in fear of sudden network shutdown because of a drop in hash rate if miners decide to turn off their machines. The reality is that Bitcoin miners continued working with a small decrease of 10-15% in hash rate which happens on a regular basis even without current fear.
So, if suddenly we get positive news that a number of new cases is dropping or at least doesn’t grow at the exponential rate or that they found some drugs that can help against coronavirus, expect Bitcoin to recover the first and not only that, because of upcoming halving, it can fly really high.
The whole ecosystem is still unaffected by the whole drama and it can recover with just a little bit positive news in the market.
On the other side, traditional markets are affected on a way bigger scale and lockdown will cause further market decline at least for a few weeks/months. Even after that, the debt that they’re getting in today will still be there waiting to be paid off.
It’s right time for Bitcoin to outperform everything!
The reason for the drop was fear and uncertainty but once we experienced that fear, once everyone is shaken out of the market is the right time to catch the majority on the wrong side. If you were using leverage, you’re out because chances that you were using leverage 1x with stop loss below $3000 are pretty, pretty low.
Most of the people were in fear of sudden network shutdown because of a drop in hash rate if miners decide to turn off their machines. The reality is that Bitcoin miners continued working with a small decrease of 10-15% in hash rate which happens on a regular basis even without current fear.
So, if suddenly we get positive news that a number of new cases is dropping or at least doesn’t grow at the exponential rate or that they found some drugs that can help against coronavirus, expect Bitcoin to recover the first and not only that, because of upcoming halving, it can fly really high.
The whole ecosystem is still unaffected by the whole drama and it can recover with just a little bit positive news in the market.
On the other side, traditional markets are affected on a way bigger scale and lockdown will cause further market decline at least for a few weeks/months. Even after that, the debt that they’re getting in today will still be there waiting to be paid off.
It’s right time for Bitcoin to outperform everything!
Thank you guys.
It’s my honour to keep you updated and warn you on things before that happens. It’s not just about sharing news in the market but interpreting their impact on crypto.
Now what I’m saying that the first asset that will recover will be Bitcoin. It’s the least affected, technically and fundamentally.
Let’s wait for some positive signs that can happen soon or in few weeks but once we start closing above $6700, I don’t expect slowly move up but big candle above $8000.
The way it dropped will be the same way it will come back up.
It’s my honour to keep you updated and warn you on things before that happens. It’s not just about sharing news in the market but interpreting their impact on crypto.
Now what I’m saying that the first asset that will recover will be Bitcoin. It’s the least affected, technically and fundamentally.
Let’s wait for some positive signs that can happen soon or in few weeks but once we start closing above $6700, I don’t expect slowly move up but big candle above $8000.
The way it dropped will be the same way it will come back up.
One of the information we came across that looks very interesting comes from Asian countries.
Do they have the drug to deal with coronavirus?
If this turns out to be the truth and becomes available worldwide, it’s going to be huge.
There’s still big negative market propaganda where all major media sites report scary things about coronavirus.
What if there’s actually a solution?
Whatever is the case, Asian countries are way more successful in threatening coronavirus.
Do they have the drug to deal with coronavirus?
If this turns out to be the truth and becomes available worldwide, it’s going to be huge.
There’s still big negative market propaganda where all major media sites report scary things about coronavirus.
What if there’s actually a solution?
Whatever is the case, Asian countries are way more successful in threatening coronavirus.
Forwarded from Crypto Signals Premium Channel
What’s the secret behind Japan and especially Singapore?
Why there’s so big difference between these two countries and the rest?
In other countries, you have 2-5% recovered while in Singapore, that number is almost 40%.
Is there a drug for coronavirus but it's not mainstream yet or Asian countries report fake data?
Why there’s so big difference between these two countries and the rest?
In other countries, you have 2-5% recovered while in Singapore, that number is almost 40%.
Is there a drug for coronavirus but it's not mainstream yet or Asian countries report fake data?
Bitcoin is the first that’s showing strength across all other assets.
We also saw a positive reaction in the Gold and Crude Oil market.
For a bearish scenario, Bitcoin shouldn’t be in this area. If it was bearish, it should’ve been rejected of $6000 or $6300.
One more time, Bitcoin is proving to be ahead of others and we need just a little bit more to see huge FOMO in the market that can push the price of Bitcoin to $8000-9000 area easily and further from that.
We also saw a positive reaction in the Gold and Crude Oil market.
For a bearish scenario, Bitcoin shouldn’t be in this area. If it was bearish, it should’ve been rejected of $6000 or $6300.
One more time, Bitcoin is proving to be ahead of others and we need just a little bit more to see huge FOMO in the market that can push the price of Bitcoin to $8000-9000 area easily and further from that.
Bitfinex will remove 87 pairs
If you hold some coins on Bitfinex, check out the link below to see if your coin will be delisted so you can move it to another place.
https://www.bitfinex.com/posts/466
If you hold some coins on Bitfinex, check out the link below to see if your coin will be delisted so you can move it to another place.
https://www.bitfinex.com/posts/466
Why do I think Bitcoin is the first to recover and outperform gold, crude oil and the stock market?
It’s one of the rare assets that got affected indirectly, not directly.
The mining facilities are still doing okay, no big drops in the hash rate, devs are working from home so nothing big changed.
On the other side, in the stock market, companies are closing their production (or at least reducing it), closing or limiting their retail stores.
The worst thing, it’s still the beginning and just after 7-10 days of emergency in the USA, their economy came to an edge to the recession.
That says enough how strong the current financial world is when they can handle one week of a lockdown.
How do I know it’s going to last for weeks?
I’m just sharing official news.
For example, California is in quarantine for five weeks (at least).
I’m repeating myself over and over again, be wise where you’re putting your money in.
The moment we start getting positive news, Bitcoin is one of the first to react while the stock market will continue to suffer the consequences of coronavirus.
It’s one of the rare assets that got affected indirectly, not directly.
The mining facilities are still doing okay, no big drops in the hash rate, devs are working from home so nothing big changed.
On the other side, in the stock market, companies are closing their production (or at least reducing it), closing or limiting their retail stores.
The worst thing, it’s still the beginning and just after 7-10 days of emergency in the USA, their economy came to an edge to the recession.
That says enough how strong the current financial world is when they can handle one week of a lockdown.
How do I know it’s going to last for weeks?
I’m just sharing official news.
For example, California is in quarantine for five weeks (at least).
I’m repeating myself over and over again, be wise where you’re putting your money in.
The moment we start getting positive news, Bitcoin is one of the first to react while the stock market will continue to suffer the consequences of coronavirus.
Bitcoin Update
Bitcoin definitely escaped the danger zone and now sits in a neutral, safe zone.
For a full recovery, we need to close back above previous support, current resistance and that’s the red area.
If we deep near the green area again, I would recommend buying.
There are no bad signs from the Bitcoin network, it’s still strong so everything is in control.
Coronavirus is spreading faster and faster but one more time, 80% of the worst scenarios did already happen.
The lockdown we're currently in affects the stock market and that will cost world economy trillions but Bitcoin is not affected at all.
The only thing that will affect Bitcoin is the sudden drop in mining power or new fear caused by lockdown in whole Ameria and Europe and that would be a final stage.
Bitcoin definitely escaped the danger zone and now sits in a neutral, safe zone.
For a full recovery, we need to close back above previous support, current resistance and that’s the red area.
If we deep near the green area again, I would recommend buying.
There are no bad signs from the Bitcoin network, it’s still strong so everything is in control.
Coronavirus is spreading faster and faster but one more time, 80% of the worst scenarios did already happen.
The lockdown we're currently in affects the stock market and that will cost world economy trillions but Bitcoin is not affected at all.
The only thing that will affect Bitcoin is the sudden drop in mining power or new fear caused by lockdown in whole Ameria and Europe and that would be a final stage.
We’re at the beginning of the new interesting week in the market. I’ll first cover other markets and then come back to crypto.
The gold market opened a new weekly candle without big gaps and started this week without big volatility while CRUDE OIL opened with a gap and came close to the previous bottom of $20 and it’s at the edge of going lower.
It wouldn’t be impossible to see OIL going below $20 since the situation in the world with the flights being grounded doesn’t benefit the OIL market at all.
A few hours ago, we had very important news coming from the US senate that failed to agree on a $1.6 trillion stimulus package that would help the economy and part of that would go to American families to help them.
This is short term bad news and I expect to see a negative market gap at the opening of the US stock market that would propel S&P close to 2000 and DOW way below 20 000.
There are million conspiracy theories that talk about coronavirus, is it China or US project, is it really from the food market in Wuhan, I have my own theories too.
It’s not the time for those things but to see the impact of the current situation on the global economy.
We’re close to the end of Q1 2020 and very interested to see earnings report because maybe we’re about to see historical drops.
Back to the crypto market, while the US stock market closed the previous week at the bottom of the entire move down without any recovery, we saw a very good recovery in the crypto market led by Bitcoin.
It closed weekly in a neutral zone and while some people expected to see a higher close, be happy because it’s outperforming almost everything except some of the stock companies such as Netflix that are totally unaffected by this situation.
The range between $4500 and $6500 is formed and that’s our plan for the week ahead.
Looking to buy $4500 or trying to short $6500-6700. That’s all you can do at the moment because trying to enter some trade around $6000 makes no sense since it's far away from important zones.
In general, I’m still thinking the moment we see some positive news, Bitcoin and crypto market are the first to recover.
The gold market opened a new weekly candle without big gaps and started this week without big volatility while CRUDE OIL opened with a gap and came close to the previous bottom of $20 and it’s at the edge of going lower.
It wouldn’t be impossible to see OIL going below $20 since the situation in the world with the flights being grounded doesn’t benefit the OIL market at all.
A few hours ago, we had very important news coming from the US senate that failed to agree on a $1.6 trillion stimulus package that would help the economy and part of that would go to American families to help them.
This is short term bad news and I expect to see a negative market gap at the opening of the US stock market that would propel S&P close to 2000 and DOW way below 20 000.
There are million conspiracy theories that talk about coronavirus, is it China or US project, is it really from the food market in Wuhan, I have my own theories too.
It’s not the time for those things but to see the impact of the current situation on the global economy.
We’re close to the end of Q1 2020 and very interested to see earnings report because maybe we’re about to see historical drops.
Back to the crypto market, while the US stock market closed the previous week at the bottom of the entire move down without any recovery, we saw a very good recovery in the crypto market led by Bitcoin.
It closed weekly in a neutral zone and while some people expected to see a higher close, be happy because it’s outperforming almost everything except some of the stock companies such as Netflix that are totally unaffected by this situation.
The range between $4500 and $6500 is formed and that’s our plan for the week ahead.
Looking to buy $4500 or trying to short $6500-6700. That’s all you can do at the moment because trying to enter some trade around $6000 makes no sense since it's far away from important zones.
In general, I’m still thinking the moment we see some positive news, Bitcoin and crypto market are the first to recover.
Britain Says It Will Fine Residents Who Defy Stay-at-Home Orders
Briatin is one more country to go full lockdown for at least 3 weeks.
https://www.theguardian.com/commentisfree/2020/mar/23/the-guardian-view-on-lockdown-for-britain-true-leadership-is-required
Briatin is one more country to go full lockdown for at least 3 weeks.
https://www.theguardian.com/commentisfree/2020/mar/23/the-guardian-view-on-lockdown-for-britain-true-leadership-is-required
the Guardian
The Guardian view on lockdown for Britain: necessary hardship
Editorial: However well-intentioned, a laissez-faire strategy for fighting coronavirus has not worked. Now is the right time for the government to give the public clarity and firm parameters
The way these two are correlated in this correction makes me very bullish on Bitcoin as a long term investment.
This is definitely a great sign that Bitcoin can be considered as a store of value.
This is definitely a great sign that Bitcoin can be considered as a store of value.
When will they realise that making money digital is not the core idea of Bitcoin?
By making digital dollar, they will do nothing but get even more control over you.
The power of Bitcoin is that it’s not controlled, no one can debase its supply and everyone has a tiny ownership of the entire network.
https://www.forbes.com/sites/jasonbrett/2020/03/23/new-coronavirus-stimulus-bill-introduces-digital-dollar-and-digital-dollar-wallets/
By making digital dollar, they will do nothing but get even more control over you.
The power of Bitcoin is that it’s not controlled, no one can debase its supply and everyone has a tiny ownership of the entire network.
https://www.forbes.com/sites/jasonbrett/2020/03/23/new-coronavirus-stimulus-bill-introduces-digital-dollar-and-digital-dollar-wallets/
Forbes
Coronavirus Stimulus Offered By House Financial Services Committee Creates New Digital Dollar
As the markets continue to drop and the U. S. looks to Congress for agreement on a massive stimulus package to save the economy from impacts of the coronavirus pandemic, the newest offer by House Democrats includes a very forward-looking kind of stimulus:…
Hey guys, I hope you're all doing great.
While Bitcoin is testing weekly resistance, I would like to bring something I did a few times indirectly in the past.
I said that coronavirus was human-made and to be honest, those were bold claims, without any proof.
So, I stopped there and went to find proof that would confirm my theory. I'm not going to share my "proofs" yet but I will bring them step by step so you form your own opinion.
The first official case of a novel coronavirus was on 31st December 2019.
Look what was happening before that, in Q4 2019: https://www.youtube.com/watch?v=AoLw-Q8X174
Event 201 was a simulation of what would happen to the world if it gets hit by a pandemic and that was coronavirus. The video I attached was officially published in November 2019.
Yes, there will be people saying coronavirus is not new and it's a virus that evolves and changes its characteristics all the time but isn't this weird that they're doing a simulation of the virus three months before it actually happens.
In the last minute of the video, the woman that had shart speech predicted all that's happening now.
Everything she said is happening right now.
The worst thing, no one is talking about this. The media is covering bad after bad news. They have no time for things like this or maybe they don't want to have time for that?
The whole simulation was organized by Bill Gates and Michael Bloomberg.
Some people will say nothing suspicious here but what I will reveal tomorrow will shape this whole story.
Here's video from 2015 of Bill Gates where he said this that we should be preparing for next pandemic and if we start now (2015), we could be ready once it happens.
Watch these two videos and make your own opinion.
Tomorrow I will continue sharing things I came across and why I think we're most likely being attacked by the virus that was shaped by humans.
We have no technology to create live organisms from scratch. What we can do is to change the current form by modeling into something we want.
There's special science discipline that's focusing on this and the name of this will also be shared tomorrow with more details about this.
We have scientific proof that the novel coronavirus consists of 96% RNA of the virus that's stored in Wuhan Laboratory extracted from Bats.
The name of that virus is RaTG13.
While some people will say that this could be a natural mutation, let me give you a small piece of information.
The RNA of this virus consists of 98 small components and it means that 4 of them were mutated and we got a novel coronavirus.
In nature, a mutation in 99% cases happens only on 1 component and that causes huge changes in the organism. All the syndromes you know that humans have been caused by a change in one component of our DNA.
If a change in one component is so rare, how rare is change on four components?
This is a too broad topic so I will be sharing with you my findings day by day so you can do your research too and form your own opinion.
The reason why I'm doing this is to give you a point of view others are simply ignoring. This requires a lot of research but I've always tried to share things others are not sharing and keep you ahead.
While Bitcoin is testing weekly resistance, I would like to bring something I did a few times indirectly in the past.
I said that coronavirus was human-made and to be honest, those were bold claims, without any proof.
So, I stopped there and went to find proof that would confirm my theory. I'm not going to share my "proofs" yet but I will bring them step by step so you form your own opinion.
The first official case of a novel coronavirus was on 31st December 2019.
Look what was happening before that, in Q4 2019: https://www.youtube.com/watch?v=AoLw-Q8X174
Event 201 was a simulation of what would happen to the world if it gets hit by a pandemic and that was coronavirus. The video I attached was officially published in November 2019.
Yes, there will be people saying coronavirus is not new and it's a virus that evolves and changes its characteristics all the time but isn't this weird that they're doing a simulation of the virus three months before it actually happens.
In the last minute of the video, the woman that had shart speech predicted all that's happening now.
Everything she said is happening right now.
The worst thing, no one is talking about this. The media is covering bad after bad news. They have no time for things like this or maybe they don't want to have time for that?
The whole simulation was organized by Bill Gates and Michael Bloomberg.
Some people will say nothing suspicious here but what I will reveal tomorrow will shape this whole story.
Here's video from 2015 of Bill Gates where he said this that we should be preparing for next pandemic and if we start now (2015), we could be ready once it happens.
Watch these two videos and make your own opinion.
Tomorrow I will continue sharing things I came across and why I think we're most likely being attacked by the virus that was shaped by humans.
We have no technology to create live organisms from scratch. What we can do is to change the current form by modeling into something we want.
There's special science discipline that's focusing on this and the name of this will also be shared tomorrow with more details about this.
We have scientific proof that the novel coronavirus consists of 96% RNA of the virus that's stored in Wuhan Laboratory extracted from Bats.
The name of that virus is RaTG13.
While some people will say that this could be a natural mutation, let me give you a small piece of information.
The RNA of this virus consists of 98 small components and it means that 4 of them were mutated and we got a novel coronavirus.
In nature, a mutation in 99% cases happens only on 1 component and that causes huge changes in the organism. All the syndromes you know that humans have been caused by a change in one component of our DNA.
If a change in one component is so rare, how rare is change on four components?
This is a too broad topic so I will be sharing with you my findings day by day so you can do your research too and form your own opinion.
The reason why I'm doing this is to give you a point of view others are simply ignoring. This requires a lot of research but I've always tried to share things others are not sharing and keep you ahead.
YouTube
Event 201 Pandemic Exercise: Highlights Reel
Selected moments from the Event 201 pandemic tabletop exercise hosted by The Johns Hopkins Center for Health Security in partnership with the World Economic Forum and the Bill and Melinda Gates Foundation on October 18, 2019, in New York, NY. The exercise…
If you have any question or you would like to share your opinion with me, you can send me a DM to @CryptoSignalsAdmin.
More Than 3 Million in U.S. Filed for Unemployment Last Week
Nearly 3.3 million people filed for unemployment benefits last week, sending a collective shudder throughout the economy that is unlike anything Americans have experienced.
This is the worst week in the US history.
It will be interesting to see how markets will react to this.
Nearly 3.3 million people filed for unemployment benefits last week, sending a collective shudder throughout the economy that is unlike anything Americans have experienced.
This is the worst week in the US history.
It will be interesting to see how markets will react to this.