MacroBeat
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BITCOIN DAILY- i will NOT mix in my true view and feeling about Bitcoin and just stick to the charts.. the peak in the ADX (see bottom) has yet again signalled this correction and we had a proper go at the 28950 pivot where we had a bit of a fight back in December.. it seems the Yellen comment about Bitcoin did really leave its mark and the market might just be a tad less sure whether or not the Biden Administration has a few regulatory ideas for Cyrpto's... the rally back is now testing the 32961 fibo resistance but i focus on the 33993 level the mid daily BB a daily close back above there and we could easily test the topside again.. while below.. the risks might still be on the downside.
THESE ARE MY OWN VIEWS AND ARE NOT INVESTEMENT RESEARCH
THESE ARE MY OWN VIEWS AND ARE NOT INVESTEMENT RESEARCH
