Author Topic: Is Bitcoin in an accumulation phase?  (Read 303 times)

Offline Jet Cash

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Is Bitcoin in an accumulation phase?
« on: September 17, 2020, 03:20:29 PM »
The Bitcoin  price seems to be moving sideways at the moment. My feeling is that it is creeping up in a slow staircase pattern, and this is probably good for accumulation, but not so good for scalping. I can see the reasons for a price increase,but I don't support the view that Covid panic will push the price down. I can't see them ever developing a safe vaccine either.