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BITCOIN CHART & RISK MANAGEMENT

INDEX:BTCUSD   Bitcoin
TECHNICAL ANALYSIS:
1. Bitcoin to retest the 50 SMA & 100 SMA resistance.
2. If Bitcoin successfully flips 50 SMA & 100 SMA to support, it will have the historical 200 SMA resistance to contend with.
3. Until Bitcoin flips historical 200 SMA resistance to support, the bull run is not yet confirmed.

FUNDAMENTAL ANALYSIS:
These Fundamentals Are Affecting Market Conditions.
1. Inflation.
2. Earnings data.
3. Russia-Ukraine war.
4. Fed $95B/month QT plan.
5. Anticipated interest rate hikes.

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