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Toaday I will Give You Bitcoin Technical Analysis

Welcome to this analysis about Bitcoin , we are looking at the global 4-day timeframe perspectives. In recent years, Bitcoin established an ongoing bull market with continuations of higher highs in its structure; it even managed to recover from heavy corona crashes and break downs by March 2021 without any foreseeing factors or precursors! Yet one should not underestimate continuous threats that need defending against on a daily basis .

Bitcoin has been through a lot and it's still here.

The Bitcoin community needs to stay positive in order for this currency to succeed, even when things seem bleak with high risks like new regulations or constant disinformation campaigns against cryptocurrency . Recently I developed some indicators that can help us accurately predict what will happen next based off realistic expectations; these insights show how important staying patient really does matter!

Bitcoin has been trending upwards since it hit the 2018 bear market bottom.

Now that Bitcoin has rebounded from these lows, a new upswing can be seen in prime formation with E waves beginning to form and A-D almost complete! As we have observed before even when Bitcoin bounces lower than expected some times - this time around there is no exception as also matching right against our 15EMA (green) line again shows us where Wave 3 begins: originates within red 65 EMAs followed by another bounce at or near coincide heights surrounding previous ..

Something's got to give here!

When Bitcoin moves into the upper confirmed cup-and-handle target zone, it is likely going be met with a pullback. Furthermore there will always remain an overbought condition present because of this oversold state which was seen in MACD readings too - currently exhibiting bearish divergences as prices climbed higher highs on one side while lower ones were formed by its indicator (MACD).

At this point, it's important to keep the bearish perspective in mind and be prepared for potential upcoming volatilities which could lead Bitcoin up towards its target-zone.

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