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Bitcoin Rebounds from Key $54.4K Support Line
Bitcoin and the crypto market have rebounded to start off the week. There is CPI and PPI inflation data this week with a bullish forecast for both. I think the inflation data will be the catalyst for a short term rally. The key narrative that I’m hearing is small cap stocks and Altcoins are likely […]Read More
Altcoins Hold While Bitcoin Sells Off
Bitcoin dipped below $54.4k, but I think the price action looks fine. This drop could be a wick below the support line, which is common for Bitcoin. The Altcoin market has been holding very strong while the markets are red today. This is a good sign for the crypto market as we approach Uptober. Follow […]Read More
Sept Forecast for Bitcoin
The 5th of the month has marked the monthly bottom for Bitcoin in July and August. I think there is a good chance that Bitcoin bottomed out today, and is starting to form a rebound. My forecast for Sept is a rally from early to mid September followed by a decline headed into the monthly […]Read More