"Bitcoin Price Analysis BULLISH WEEK in BITCOIN The market expects new purchases of bitcoin by ETFs."

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Hello and greetings to each and every fellow writer, today I will analyze the current price of Bitcoin and the possible market influences on its movement.

Bitcoin bullish move ?

• Bitcoin's v is positioned in a range between $67,500 and $72,200 due to its anticipation of investor purchases before the resumption of ETFs.

• A possible new ATH is expected during the week, with attention to the CPI report in the United States on Friday.

• The weekly close shows prices close to $70,000, indicating a possible positive week and new all-time highs.

Buying and selling ETFs ?

• Gray Scale reported higher sales with over 13,500 bitcoins sold recently.

• Other ETFs such as Din vesco also made significant transactions.

• Total ETF accumulation suggests bullish momentum if aggressive buying returns.

Future perspectives ?

• Purchases are expected to push the price up again; If not, there may be corrections.

• The next Bitcoin is expected to halve in April of next month and to come in 2024 and in approximately 25 days.

About chain analysis and future prospects ?

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On Chain analysis is explored and possible future scenarios for Bitcoin are projected.

Price projections ?

• It is estimated that in less than six months prices will exceed $100,000 if aggressive purchases by ETFs continue.

About chain analysis ?

• On Chain analysis indicates which bullish phase we are currently in.

• Mass accumulation or selling by holders can influence market movements.

Current market position and analysis of Bitcoin market metrics and outlook ?

Various metrics related to the Bitcoin market are analyzed, highlighting recent movements and future prospects.

Bitcoin sale and movement ?

• A transfer of Bitcoin to new hands and investors is observed, especially in US ETFs.

• During a recent pullback, there has been a significant Bitcoin sell-off, something not seen since early 2022.

• A graph shows the relationship between the recent sale and purchase of Bitcoin in the last 7 days, highlighting changes in the market.

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Earnings and bullish trends ?

• In the latest pullback, gains over $3 billion were made, indicating similarities with previous bullish moves.

• During previous bullish peaks, such as in 2020 and 2021, aggressive selling usually occurs early in the cycle.

Future perspective ?

• Despite the current setback, it is suggested that there is still upside potential to explore in this cycle.

• The analysis leads to maintaining strategic positions in the face of possible changes in the market.

Operational strategies ?

• The importance of taking advantage of setbacks to repurchase assets previously sold is highlighted.

• Maintaining strategic long positions is key to capitalizing on corrections and changes in the market.

Operational advantages ?

• Trading on Quan Fury allows you to avoid additional fees and maintain long-term strategic positions without excessive costs.

Key takeaways.

Analyzing the price of Bitcoin in its bullish course of the week and with the expectation of new purchases of Bitcoin by ETFs, an optimistic market with fluid and constant evolution is conditioned.
Bitcoin's bullish trend is driven by the possible approval of a Bitcoin "spot" ETF, which has sparked increased investor confidence and cryptocurrency price views.
The investment strategy of companies like (MicroStrategy) that have significantly increased their Bitcoin holdings and that show a bold commitment to the future potential of this cryptocurrency as a store of value asset.
In this context, the bullish week in Bitcoin reflects a scenario of growing institutional interest and confidence in the long-term value of Bitcoin and what could influence new purchases and the consolidation of Bitcoin as an attractive asset in the financial market.

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Weekly Count Publication #4 Monday 25 / March 2024 / Time 11:34 pm.