Kevin_Yang

Bitcoin analysis for July 4th

Long
BITFINEX:ETHUSD   Ethereum
Bitcoin is currently ranging between 30-40k. Currently bitcoin is showing strength and will need a further day or two for confirmation that this will push higher.

The fundamentals for bitcoin are strong.
Many people are still buying bitcoin despite the fud.
Inflationary pressure is still being applied because the federal reserve is still printing money.

I believe the stockmarket is going to continue to be irrational because that is the times we live in.

Thanks for watching and reading
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