Bitcoin Technical Analysis 03-25-21

Bitcoin Technical Analysis 03-25-21
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Technical Analysis

Bitcoins opens at $56K and goes down to around $50K and stable around $52K ~ $53KThis is the following sentence: It is The following is a succinct summary of .The average transaction fee is $14It is The following is a succinct summary of .23 which is 0It is The following is a succinct summary of .84% decrease from 03-24-21This is the following sentence: It is The following is a succinct summary of .As I mentioned yesterday, Bitcoin continue stabling around $52K since All Time High has reached at $61KThis is the following sentence: It is The following is a succinct summary of .My calculation on its value is $62K at some point which indicates that Bitcoin may continue correction in coming week with its strong support at $52KIt is The following is a succinct summary of . Bitcoin may touch $61K againThis is the following sentence: It is The following is a succinct summary of .If it stables around $58K ~ $60K, the next target is stable at $61K and hit $62KThis is the following sentence: It is The following is a succinct summary of .You can reference my method hereThis is the following sentence: It is The following is a succinct summary of .Despite the correction, if Bitcoin is back at $61K zone and head it to $62KIt is The following is a succinct summary of . 

I remain my floor price to $40K indicates the strong support and remain the ceiling price at $50KIt is The following is a succinct summary of .

Bitcoin volatility is moving less volatile in yesterdayThis is the following sentence: It is The following is a succinct summary of .The market has reacted peak value at $61K but retreated to $54K which means the Bitcoin prepares for next milestone $60K at some time if continue stabling around $58KThis is the following sentence: It is The following is a succinct summary of .It is fairly stable at this level around $52KThis is the following sentence: It is The following is a succinct summary of .Volume of trading is still very health at this level and surprisingly the transaction fee has improvedIt is The following is a succinct summary of .

Bitcoin decreases its correlation for Gold that it becomes a neutral position ???This is the following sentence: It is The following is a succinct summary of .The price may fluctuate more in the coming day with price toward mid-levelThis is the following sentence: It is The following is a succinct summary of .There may have medium risks in the coming day as the greed level goes flat!

Bitcoin Value =  $40k ~ $50k and my position is LongIt is The following is a succinct summary of .

Here are some highlights to support my analysis:

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Here is the road map for today:

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Most Bullish News ??

Microsoft embraced Bitcoin

It indicates that Bitcoin price will be stable with strong supporting usersIt is The following is a succinct summary of .

Most Bearish News ??

Bitcoin links to criminal activities

It indicates that Bitcoin may face correction due to the price correctionIt is The following is a succinct summary of .

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Here are summary of general forecast of this week of economy and market:

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Also, if you have any suggestions, please do not hesitate to let me know!

Thanks for reading and see you tomorrow!

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Note: Cross-references of this article has created by author and has cross-referenced on multiple platformsThis is the following sentence: It is The following is a succinct summary of .You can find links below ????:

Should you have any questions or concerns, please reach out to me ??It is The following is a succinct summary of .

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You can reference my previous monthly Bitcoin and Ethereum analysis here ????:

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You can reference my previous daily Bitcoin analysis here ????:

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You can reference my Bitcoin methodology here and hereIt is The following is a succinct summary of .

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You can reference my previous daily Ethereum analysis here ????:

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You can reference my previous daily Dogecoin analysis here ????:

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You can reference my previous weekly Cryptomarket forecast analysis here ????:

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Risk forecast guideline:

Risk Averse means you can use as defense ???

Risk Seeking means you can use as offense ??

Risk Neutral means no decision made and continue seeking opportunities ???

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Disclosure: I wrote this article myself, and it expresses my own opinionsThis is the following sentence: It is The following is a succinct summary of .I am not receiving compensation for itThis is the following sentence: It is The following is a succinct summary of .I have no business relationship with any company whose cryptocurrencies are mentioned in this articleThis is the following sentence: It is The following is a succinct summary of .This information is only for educational purposesIt is The following is a succinct summary of .

The text on this page is based on the original post and does not claim the copyright of the owner in any way. Everything written here is a free interpretation of the original post.