|Link to The Hill article|
Living In A Time
UPCOMING (MAJOR) U.S. ECONOMIC EVENTS...
*** CLICK HERE for link to Economic Calendars for all upcoming events.
Tuesday, December 29, 2020
GALLUP POLL: President Trump Is Most Admired Man In 2020...Ends Obama's 12-Year Run
Sunday, December 27, 2020
President Trump Signs COVID-19/Omnibus Bill With Proviso That Congress Make Amendments
Friday, December 25, 2020
Thursday, December 24, 2020
Monday, December 21, 2020
What's In Store For Bitcoin In 2021?
It seems Bitcoin (BTC/USD) is fond of parabolic spikes...spike #2 is well underway from the March low, as price is approaching the first external Fibonacci level (1.382%) at 26259.60 (upside target and first major resistance level), as shown on the following monthly chart.
The Balance of Power still rests with buyers, but December's level is currently below that of November's, in spite of a 4,413 higher price.
Keep an eye on the BOP level at the December close. If it remains below that of November's close, we could see a retracement early in 2021...potentially down to around 20,000, or lower, particularly if price hits 1.382% by year end.