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BTC has an interesting pattern when it breaks below it's 50 EMA (Purple line) and back above it before it goes much higher, just like it did back in early February 2021 and mid-December 2020. It's is now back above 50,000 and looking strong for another run at it's ATH and my fib projections show it should go to 65-68k on the next bull run. Our proprietary...
5
It's not ideal that ETH is clearly below the 50 EMA here, but it is re-testing important previous resistance from January. We could easily see a bounce here and re-test previous highs at 2000 (because nobody expects it to) and even going as high as 2465. Or we'll likely sell off hard from here until we see capitulation and stabilizing at 1000. Either way, good...
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