May 3, 2020
The trading strategy that I use in the crypto market is fundamental analysis and, admittedly, a view that the Fed will try to destroy Bitcoin, every chance it gets.
S&P Futures are set to open much lower at the opening of futures trading at 5:00pm (Chicago) later this afternoon as Apple and Amazon reported disappointing earnings this past Friday.
If S&P Futures open lower, it will be an excuse for the Fed to hit BTC as hard as it can before the halvening, which should diminish the Fed's ability to suppress the price of BTC as it has done, somewhat successfully, with gold.
However, the halvening hasn't occurred yet, and most BTC investors don't know what they are doing and are less than confident with this digital asset that they are still in the midst of trying to figure out.
If S&P futures open lower today, watch out below.
In a day or two, however, it'll be time to buy at lower prices, thanks to the Fed. Thank you very much guys. Appreciate the discounted prices.
TemujinX