ClearValue Team Insights
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Ethereum Rebounds from $2,863 Support Level
Ethereum has formed a bullish rebound at a key support level around $2,863. We have not seen these price levels since May 15 when Ethereum ETFs were approved. Since then the SEC has determined that Ethereum is not a security, and even though we had a rally to $3,900 the price has dropped back down […]Read More
Bitcoin Slow Rebound Headed Into June CPI & PPI Data
Bitcoin is still below $60k, and has been trading sideways for about 4 days including today. I’d like to see some upside this week, and preferably see a move above $60k sooner rather than later. Bitcoin has struggled to climb above $58,263 over the past 4 days. There’s some important economic data this week that […]Read More
Bitcoin Weekly Candle Close
The weekly candle has officially closed. If Bitcoin closed above $60k the price action would be bullish, and a close around $52k would be bearish. We closed somewhere in the middle around $55.8k, which is not concerning but not bullish either. This upcoming week I want to see if we can start a rally after […]Read More