With all eyes on the G20 summit, and its potential to further deepen economic woes killing trust in central banks mishandlement of monetary policy. We can only wait and see what might happen between China and the United States. BTCUSD bull run can be mainly attributed to the looming trade war, global slowdown, and Facebooks entrance into the crypto world. Until further news from the summit, unless by another major significant event to catalyse the market, I do not see BTCUSD dropping or pumping, but rather trading in a range as traders optimize their earning and patiently wait.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.