
last Monday at 5:30 PM
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105 views
02/14/2024
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341 views
In this video, I analyze the current Bitcoin market, emphasizing its seemingly boring but crucial sideways consolidation within a specific range, highlighted as critical for Bitcoin's future. I explore the significance of the upcoming weekly candle closure within a key Fibonacci retracement zone, suggesting it could signal the start of a significant bull run if it closes positively. I also examine Bitcoin's momentum oscillators for potential bearish divergence, indicating caution. Additionally, I discuss the impact of diminishing returns on altcoins like Cardano (ADA), predicting their potential growth and the importance of understanding crypto taxes, highlighting Coin Ledger's utility for tax preparation.
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