Auf geht's
viparmenia

BTCUSD I see direct correlation of bitcoin with oil price

Short
Bitcoin (BITFINEX:BTCUSD)  
viparmenia Aktualisiert   
BITFINEX:BTCUSD   Bitcoin
Trend Analysis Harmonic Patterns Beyond Technical Analysis BTC BTCUSD Bitcoin (Cryptocurrency) brent brentoil Oil oilprice oiltrading oilshort
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trendanalysis harmonicpatterns beyondta btc btcusd bitcoin brent brentoil oil oilprice oiltrading oilshort
The correlation of oil price with bitcoin is quite visible.
Means any time the price of oil rises some of the profit is pumped into bitcoin.
As well the crush of oil price results to crush of bitcoin.
In this sense I guess the next crush of oil price, that is expected in may will lead again to crush of bitcoin market.
Kommentar:
USA is going to increase the oil export.
Saudis also do not want to continue the OPEC agreement on limiting the export, that must be renewed in 1 July...

Oil is going to crush and bitcoin with him

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oilusd at maximum will fall up to 20 USD till end of the year
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oilusd PUT-IN in power above 30$ PUT-IN out of power below 30$
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PUT in PUT out - The oliusd is at same level as 20 Years ago
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BTCUSD dejavue with 2200 bottom like 220 in 2014
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