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BitcoinMacro

Bitcoin has very bullish TA and even more bullish FA

Long
BitcoinMacro  
(BITSTAMP:BTCUSD+COINBASE:BTCUSD+BITMEX:XBTUSD+BYBIT:BTCUSD+BINANCE:BTCUSDTPERP+BITFINEX:BTCUSD+BITTREX:BTCUSDT)/7   None
Trend Analysis Support and Resistance Beyond Technical Analysis Bitcoin (Cryptocurrency) BTCUSD BTCUSDT XBTUSD xbtusdt BTC crypto stonks btclong
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trendanalysis supportandresistance beyondta bitcoin btcusd btcusdt xbtusd xbtusdt btc crypto stonks btclong
Clean break of the old ATH and reclaimed that old support. Resistance turning into support providing a very clean setup. The total crypto market cap has been making new highs for days now, especially the Altcoin market cap leading the way. Banks are getting in, an ETF is coming and stocks are also back to going up and the USD might have topped for a bit. Even the current drop in bonds and rally in USD weren't able to kill the Risk on rally which is great.

Clearly that's a simple target and my stop loss based on some pivots and indicators. Currently my lowest target is around 100-120k, then 150k and then I expect the top around 200-300k. So definitely too early to tell about anything right now. On the other side for now I think 54-55k would be the bottom if we get there.
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