Vellefaux

BTC Bullish or Bearish?

Long
AMEX:BITB   Bitwise Bitcoin ETF
BITB

Using an AI Super Trend Indicator, on 1hr intervals, the output showed a moderate strength (3) buy signal. Understanding the high volatility and increased levels of trade volume of BTC ETFs as of late, I am now grappling with the idea that we can expect a bull market for the coin. Enclosed is a rough Fibonacci retracement analysis, which illustrates my theoretical prediction.
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