BTC analysis for May 22,.2020 – First downward target at the price of $9.085 has been reched. Potential for test of second

By | May 22, 2020
InstaForex
BTC analysis for May 22,.2020 - First downward target at the price of $9.085 has been reched

Relevance up to 09:00 UTC–5

BTC News:

analytics5ec7e1ac24f76.jpg

With central banks across the world pumping billions of dollars into the economy through monetary and fiscal policies, never has the need for a central bank digital currency [CBDC] been more clearer. As CBDCs only increase in popularity given its current use-case, how will the advent of centralized digital currencies affect the world of decentralized currencies, particularly Bitcoin?

report stablecoins

“And equally we will be able to put the brakes on in some parts of the country while not having to do so in other parts.”

Technical analysis:

Trading recommendation:

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Performed by Petar Jacimovic,
Analytical expert
InstaForex Group © 2007-2020

Benefit from analysts’ recommendations right now

Top up trading account

Get a bonus from InstaForex

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.

Earn on cryptocurrency rate changes with InstaForex

Download MetaTrader 4 and open your first trade

InstaForex

Leave a Reply