Bitcoin $30,000 Starting a New Bullish Cycle?!
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Friends, I can congratulate everyone who was waiting for the long-awaited figure of 330,000 for bitcoin!
The technical chart looks like a continuation of the upward movement, to the range of
31,450 this level represents resistance from which a small correction may follow, or a stronger resistance level of 332,750 to which bitcoin can easily reach and from there we will see a strong correction.
Also today, a number of US macroeconomic data are being released from which there will be increased volatility:
▫️CPI data 15:30 GMT.
▫️FOMC minutes 21:00 GMT.
So do not relax much, especially those who are in Long positions, they will take out in both directions, I advise you to incur a stop plus or at no loss.
Friends, I can congratulate everyone who was waiting for the long-awaited figure of 330,000 for bitcoin!
The technical chart looks like a continuation of the upward movement, to the range of
31,450 this level represents resistance from which a small correction may follow, or a stronger resistance level of 332,750 to which bitcoin can easily reach and from there we will see a strong correction.Also today, a number of US macroeconomic data are being released from which there will be increased volatility:
▫️CPI data 15:30 GMT.
▫️FOMC minutes 21:00 GMT.
So do not relax much, especially those who are in Long positions, they will take out in both directions, I advise you to incur a stop plus or at no loss.
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