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Bitcoin has just completed the most bullish green week since the end of March 2022. As can be seen, by the BTC RSI moving upwards, the bearish momentum has clearly slowed down now.
In today’s video, we will look at what the most likely supports are for bitcoin price if we see new lows. We’ll look at previous bear markets to see how our current bear market compares. And we will look at the daily and 4-hour time frames to see what the most immediate levels are that we need to be watching.
In summary, our bitcoin price prediction is showing a slowing down of momentum in the weekly time frame and an uptrend in the daily time frame. That being said, history shows that Bitcoin is capable of falling lower. How low can it fall? Let’s see what Frank has to say!!
⏱️ TIMESTAMPS
00:00 Intro
02:05 BTC Price Prediction
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The information discussed by Altcoin Buzz is not financial advice. This is for educational and informational purposes only. Any information or strategies are thoughts and opinions relevant to accepted levels of risk tolerance of the content creators/reviewers and their risk tolerance may be different than yours. Altcoin Buzz is not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided.
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