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Bitcoin Rebounds From $63.2k Support
Yesterday I discussed the potential for Bitcoin to rebound from the yellow trendline around $63.2k. There was a strong wick down below my target caused by the U.S. government selling some Bitcoin. This added sell pressure really affected Bitcoin’s price, and this raises some concerns about large institutions and governments affecting the markets. Bitcoin still […]Read More
FET Rejected at the Red Resistance Line
The crypto market is continuing to trend down lower. FET had a rejection at the red resistance line, and is trending down towards the lows of the bull flag. I have support around $0.97 and would monitor the price on the way down. ALTS are likely to take a hit if BTC trends back down […]Read More
SOL Flipping Resistance Into Support
Solana has the most bullish price structure, having already broken above the red resistance line and retested it as support. SOL is trading slightly above the red support line, and there is support at the red line around $163. It is possible for SOL to rebound without touching the red line, but for now the […]Read More