ClearValue Team Insights
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Don’t Be Surprised to See Bitcoin at $70k-80k in a Few Weeks
BTC is had a fakeout below the bull pennant support line that caused a lot of fear and panic selling. I have been buying the fear and the price has rebounded nicely so far. BTC has swung from $56k to $64k in just a few short trading days. I think BTC can continue to rally […]Read More
BABA Potential Bullish Breakout
BABA has started to show some strength and has rallied to $80. However, there is a red resistance line here that BABA needs to break in order to climb up higher. Chinese stocks have been hot lately so it is possible. If there is a rejection here there could be more delays before BABA goes […]Read More
Bears Are Struggling to Send the S&P and NASDAQ Lower
The S&P and NASDAQ have been neutral and slightly bearish since April 19. There has been a lot of sideways price action, while SPY and QQQ have made some slow progress to the upside. I think bears are struggling to send the price lower, and the bullish sentiment has returned to the markets in May. […]Read More