Bitfreedom_Research

BTC - new range between $40k - $50k

COINBASE:BTCUSD   Bitcoin
Bitcoin does not have enough momentum to go above $50k, and there are too many buyers for BTC to go below $40k.

Bitcoin has the next month cool off before the rate hike on March 15th. This hike will act as the market's next pivotal turning point. If the Fed says that they are going to lessen the money printer and begin quantitative tightening (likely) then Bitcoin could back to the <$40k value zone.

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