Jetstream1337
@t_Jetstream1337
What symbols does the trader recommend buying?
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Bitcoin has had a slight uptrend in the last few days with low volume. The RSI shows a downtrend, without a lot of new buyers coming in right now the price will drop to at least 63K on this bearish divergence. After that I believe the news of the halving should allow bulls to win out in the short term and get to the next leg up. Phase 4 of the bull run will then be in play. Even more advertising will take place and FOMO will be in full force as a result of word of mouth in a couple months given most of the economies of the world can hold out for a few more months before a massive global recession tanking the price of everything. If money printing is done to try and counter this as that seems like the go to government play, the crash will end up being up instead of down.
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