Bitcoin Technical Analysis: All Odds Are Against BTC This Time (May 2020)

Don't forget to subscribe and hit that notification '????' & visit our base camp at https://cryptodaily.co.uk

-

Bitcoin Technical Analysis: All Odds Are Against BTC This Time (May 2020)

Bitcoin is on the verge of a major decline. This time the odds are against it both as a “safe haven asset” and as a “speculative asset”. Whether you compare it with the stock market or the oldest safe haven asset known to man, gold, it is primed for a major correction either way. The price of Gold (XAU/USD) broke below the key rising wedge today and is now struggling to hold its ground above a key horizontal support which it is ultimately expected to break below.

-

Read the featured article here:

-

Today's video was created using Crypto Daily Charts.

These charts can be accessed by visiting https://charts.cryptodaily.net/ and they're FREE to use.

As many cryptocurrency traders and market-watchers know from their market analysis, cryptocurrencies exhibit very technical trading patterns, similar to other asset classes including foreign exchange (forex) and equities (shares and stocks), just to name a couple. Charts are therefore the most important trading tool that traders incorporate into their risk management strategies – when and at what prices to buy and sell cryptocurrencies.

Try out our FREE Charts here - https://charts.cryptodaily.net/

-

Take a look at our shop here: https://cryptodaily.co.uk/shop/#!/

-

Subscribe, Like, Follow, and Comment to all our Channels below:
Facebook: https://www.facebook.com/officialcryp...
Twitter: https://twitter.com/cryptodailyuk
Telegram: https://t.me/officialcryptodaily
Instagram: https://www.instagram.com/cryptodaily...
Soundcloud: https://soundcloud.com/cryptodaily

-

Who we are?

Crypto Daily, one of the world's only free-to-publish crypto news sites and media networks. Let us guide you through the ever-changing world of cryptocurrency.

We are a group of enthusiasts that love to talk about Crypto Currency. We are based in the UK and we want to offer help, advice and the latest Crypto Currency News. We have learnt from our mistakes and want to share some of the pitfalls and hopefully some insight into the exciting world of Crypto

-

Check out some Important Links Below:
Breaking News: https://cryptodaily.co.uk/category/br...
Live Token Sales & ICOs: https://cryptodaily.co.uk/live-token...-
Coins: https://cryptodaily.co.uk/coins/
Writers Submit Your News Here: https://cryptodaily.co.uk/writers-sub...

-

Checkout our Created Playlists:

Crypto Daily - Crypto News: https://www.youtube.com/playlist?list...

Bitcoin: https://www.youtube.com/playlist?list...

Ripple XRP: https://www.youtube.com/playlist?list...

Stellar XLM: https://www.youtube.com/playlist?list...

IOTA: https://www.youtube.com/playlist?list...

-

Please remember that this is not investment advice. Before you choose to invest, do your research and always remember to trade safe.

#Bitcoin #BTC #TechnicalAnalysis