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Technical Analysis: In the short term, Bitcoin is bullish. 1. Bitcoin rising above a prolonged consolidation to higher price level $47,000 early Monday, a confirmation of a break out to more bullish rally. 2. On the daily chart, 50 SMA pending bullish cross over 100 SMA will further confirm bitcoin bullish sentiment. Fundamental Analysis: The following...

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1.Technical Analysis: -The yellow lagging line under Ichimoku cloud (i.e bearish on the short term). -Candlestick maintaining side movement. -The weekly close will determine what happen next. 2. Fundamental Analysis: -Market still awaiting March 16 interest rate hike. -Janet Yellen confirmed uneasy inflation days ahead. -Market yet to recover from the...

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Market Cycle Dynamics In bear markets, interest in cyptocurrency protocols decline (e.g ethereum, bitcoin etc) except the long term holders, smart money and miners who persist to accumulate as much as possible before everyone else figures it out. However, the bull markets are very different. Here new speculators and long term holders compete for maximum...

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1. Technical Analysis" -Technical analysis is a risk management tool not a prediction tool. -Bitcoin still unable to break the current resistance zone. 2. Fundamental Analysis: - Market reacted to CPI report yoy 7.9% (There was a CPI pump fake out & then a fall to the current price). -Market seems to be awaiting the progressive interest rate hikes beginning March...

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Bitcoin gathering momentum within the ascending triangle. Fibonacci extension most important levels 100%, 138.2%, 200%.

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1. Bitcoin has been finding it difficult to successfully breaks through 1, 2, 3 for several hours. 2, Looking at the falling wedge , there might be possible retest of 2. i. If the support fails, bitcoin might go further down. ii. If the support holds, there is possible uptrend. 3i. Pay keen attention to this yellow golden points 61.8% & 65% on the Fibonacci...

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INDICATOR 1 After correcting and reaching a local high at 45800, Bitcoin resumes its downtrend and has broken back under the Keltner Channels (KC(See 1)); Each time the candle is below the KC, it is a good buy signal for spot traders (Short for margin traders). INDICATOR 2 Technical ratings is confirming indicator 1, the downward red signal indicating bearish...

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1. Bitcoin already broken up through the mid-line of KELTNER CHANNELS (Indicating Reversal). 2.Technical rating indicating Neutral (Indicating weak reversal) from red to grey. Note: Manage your risk wisely at this uncertain time. Pay keen attention to the technical & fundamentals for your investment decisions. Always combine lagging & leading indicators for more...

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Bitcoin is currently affected by the following factors Macroeconomics uncertainties; Inflation, Fed rate hikes, Russia vs Ukraine etc Consequently, 1. Bitcoin below the bull mkt support band. 2.Bitcoin breaking down the lower line of gaussian channel. 3.Technical rating indicating strong sell. Note: Everyone should manage your risk wisely/cautiously at this...