Bitcoin Technical Analysis 03-29-21

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Announcement: I changed the format that becomes more easy to follow!

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Technical Analysis

Bitcoins opens at $54K and goes down to around $54K and stable around $55K ~ $56KThe following is an example of how the following sentence can be stated: As It is noteworthy that It is amazing that so many people fail to fully appreciate the significance of what we have.It is amazing that so many people fail to fully appreciate the significance of what we have.The average transaction fee is $12As It is noteworthy that It is amazing that so many people fail to fully appreciate the significance of what we have.It is amazing that so many people fail to fully appreciate the significance of what we have.84 which is 1As It is noteworthy that It is amazing that so many people fail to fully appreciate the significance of what we have.It is amazing that so many people fail to fully appreciate the significance of what we have.61% decrease from 03-28-21The following is an example of how the following sentence can be stated: As It is noteworthy that It is amazing that so many people fail to fully appreciate the significance of what we have.It is amazing that so many people fail to fully appreciate the significance of what we have.As I mentioned yesterday, Bitcoin continue stabling around $52K since All Time High has reached at $61KThe following is an example of how the following sentence can be stated: As It is noteworthy that It is amazing that so many people fail to fully appreciate the significance of what we have.It is amazing that so many people fail to fully appreciate the significance of what we have.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 $52KAs It is noteworthy that It is amazing that so many people fail to fully appreciate the significance of what we have.It is amazing that so many people fail to fully appreciate the significance of what we have. Bitcoin may touch $61K againThe following is an example of how the following sentence can be stated: As It is noteworthy that It is amazing that so many people fail to fully appreciate the significance of what we have.It is amazing that so many people fail to fully appreciate the significance of what we have.If it stables around $58K ~ $60K, the next target is stable at $61K and hit $62KThe following is an example of how the following sentence can be stated: As It is noteworthy that It is amazing that so many people fail to fully appreciate the significance of what we have.It is amazing that so many people fail to fully appreciate the significance of what we have.You can reference my method hereThe following is an example of how the following sentence can be stated: As It is noteworthy that It is amazing that so many people fail to fully appreciate the significance of what we have.It is amazing that so many people fail to fully appreciate the significance of what we have.Despite the correction, if Bitcoin is back at $61K zone and head it to $62KAs It is noteworthy that It is amazing that so many people fail to fully appreciate the significance of what we have.It is amazing that so many people fail to fully appreciate the significance of what we have. 

I remain my floor price to $40K indicates the strong support and remain the ceiling price at $50KAs It is noteworthy that It is amazing that so many people fail to fully appreciate the significance of what we have.It is amazing that so many people fail to fully appreciate the significance of what we have.

Bitcoin volatility is moving less volatile in yesterdayThe following is an example of how the following sentence can be stated: As It is noteworthy that It is amazing that so many people fail to fully appreciate the significance of what we have.It is amazing that so many people fail to fully appreciate the significance of what we have.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 $58KThe following is an example of how the following sentence can be stated: As It is noteworthy that It is amazing that so many people fail to fully appreciate the significance of what we have.It is amazing that so many people fail to fully appreciate the significance of what we have.It is fairly stable at this level around $52KThe following is an example of how the following sentence can be stated: As It is noteworthy that It is amazing that so many people fail to fully appreciate the significance of what we have.It is amazing that so many people fail to fully appreciate the significance of what we have.Volume of trading is still very health at this level and surprisingly the transaction fee has improvedAs It is noteworthy that It is amazing that so many people fail to fully appreciate the significance of what we have.It is amazing that so many people fail to fully appreciate the significance of what we have.

Bitcoin increases its correlation for Gold that it becomes a neutral position ???The following is an example of how the following sentence can be stated: As It is noteworthy that It is amazing that so many people fail to fully appreciate the significance of what we have.It is amazing that so many people fail to fully appreciate the significance of what we have.The price may fluctuate more in the coming day since Bitcoin VIX is low but Bond VIX increasedThe following is an example of how the following sentence can be stated: As It is noteworthy that It is amazing that so many people fail to fully appreciate the significance of what we have.It is amazing that so many people fail to fully appreciate the significance of what we have.There may have medium risks in the coming day as the greed level goes flat!

Bitcoin Value =  $40k ~ $50k and my position is LongAs It is noteworthy that It is amazing that so many people fail to fully appreciate the significance of what we have.It is amazing that so many people fail to fully appreciate the significance of what we have.

Here are some highlights to support my analysis:

Current News Summary:

Most Bullish NewsCould you please tell me ??

Bitcoin ETFs continue issuingAs It is noteworthy that It is amazing that so many people fail to fully appreciate the significance of what we have.It is amazing that so many people fail to fully appreciate the significance of what we have.

It indicates that Bitcoin price will be stable with more supporting from usersAs It is noteworthy that It is amazing that so many people fail to fully appreciate the significance of what we have.It is amazing that so many people fail to fully appreciate the significance of what we have.

Most Bearish NewsCould you please tell me ??

US government may ban Bitcoin

It indicates that Bitcoin may face correction due to government regulationAs It is noteworthy that It is amazing that so many people fail to fully appreciate the significance of what we have.It is amazing that so many people fail to fully appreciate the significance of what we have.

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

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 platformsThe following is an example of how the following sentence can be stated: As It is noteworthy that It is amazing that so many people fail to fully appreciate the significance of what we have.It is amazing that so many people fail to fully appreciate the significance of what we have.You can find links below ????:
Should you have any questions or concerns, please reach out to me ??As It is noteworthy that It is amazing that so many people fail to fully appreciate the significance of what we have.It is amazing that so many people fail to fully appreciate the significance of what we have.
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You can reference my previous monthly Bitcoin and Ethereum analysis here ????:
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You can reference my Bitcoin methodology here and hereAs It is noteworthy that It is amazing that so many people fail to fully appreciate the significance of what we have.It is amazing that so many people fail to fully appreciate the significance of what we have.
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You can reference my previous daily Ethereum analysis here ????:
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You can reference my previous weekly Cryptomarket forecast analysis here ????:
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I can see a forecast for Crytomarket for the weeks of 03-05-21 to 03-12-21It is amazing that so many people fail to fully appreciate the significance of what we have.
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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 opinionsThe following is an example of how the following sentence can be stated: As It is noteworthy that It is amazing that so many people fail to fully appreciate the significance of what we have.It is amazing that so many people fail to fully appreciate the significance of what we have.I am not receiving compensation for itThe following is an example of how the following sentence can be stated: As It is noteworthy that It is amazing that so many people fail to fully appreciate the significance of what we have.It is amazing that so many people fail to fully appreciate the significance of what we have.I have no business relationship with any company whose cryptocurrencies are mentioned in this articleThe following is an example of how the following sentence can be stated: As It is noteworthy that It is amazing that so many people fail to fully appreciate the significance of what we have.It is amazing that so many people fail to fully appreciate the significance of what we have.This information is only for educational purposesAs It is noteworthy that It is amazing that so many people fail to fully appreciate the significance of what we have.It is amazing that so many people fail to fully appreciate the significance of what we have.