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Cracking the Code to Bitcoin Profits: Here's What You Need to Know!
Institutional Crypto Research Written by Experts
Markus Thielen
September 09, 2024
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Cracking the Code to Bitcoin Profits: Here's What You Need to Know!
👇1-11) As our Monday Market Update had anticipated, Bitcoin has rallied after last week’s sharp decline. The report noted, “Following a steep drop, Bitcoin is attempting a rebound. Two out of three reversal indicators have recovered from deeply oversold levels, suggesting the potential for a short-term rebound and countertrend rally… Bitcoin to approach the $58,000 level.” This prediction has been proven correct, with Bitcoin now rallying at a 6% gain, trading at $57,600. This is another instance of our research delivering real alpha for our subscribers with successful market calls, even amid Bitcoin's complex trading range.
👇2-11) With no clear bull market, trading Bitcoin has become more challenging in the current environment. On-chain analytics suggest that bull market cycles have shortened, yet opportunities remain for disciplined traders who can accurately anticipate macro events and adapt to the evolving Bitcoin market structure.
👇3-11) Our report predicted a rally based on extreme bearish sentiment and a recovery in reversal indicators. Additionally, we identified tactical catalysts on the horizon that would likely compel bearish traders to cover their shorts. In contrast, others would begin establishing new bullish positions in anticipation of or around these events. This is where our research excels.
Our Greed & Fear Index bottoms and Bitcoin rallies
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