2018-9-11 20:00 |
Bitcoin (BTC)’s price movement so far has been a reaction to the EUR/USD pair for the most part. In fact, Bitcoin (BTC) has rarely made any moves that were not coherent with movements in the EUR/USD pair.
The monthly chart above for EUR/USD shows the Euro (EUR) in a strong ascending channel against the US Dollar (USD) since 1994. The first large circle shown on the chart above between 2003 and 2008 bears extremely close resemblance to the one formed this time between 2017 and 2018.
Continue reading EUR/USD Monthly Outlook Hints Unprecedented Bitcoin (BTC) Gains at Crypto Daily™.
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