BTC Market Analysis and Outlook

BitEagleAccurate market analysis 3.25 @Everyone

Good morning, brothers, after a week of correction, BTC exceeded $66,000 today.

I can endure loneliness and see prosperity.

Last week was a scary week, a week full of panic.

After the storm, what kind of rainbow can we see this week?

3 reasons to be bullish at the moment (also summarized in the article the day before yesterday)

(1) On-chain data shows that BTC is flowing out of exchanges in large quantities, and major international capital is not in a hurry to stop profits.

(2) In terms of macroeconomics, the Federal Reserve has cut interest rates three times this year, and the first time may be in June.

(3) The K-line form has strong support, and the price has almost pulled back close to MA30.

This week, we will focus on whether the BTC spot ETF continues to have positive inflows, and then give Niu Niu more strength.

In addition, PCE data will be released at 8:30 pm on Friday. If the BTC high indicator exceeds expectations,

Then there may be a big correction, and we need to be prepared in advance.

Yesterday I asked everyone to change their car to a CHR, and the price went up dramatically and became numb.

At present, CHR has not released any positive news, and there will be a wave of positive news when it does.

Long term holding.

STX also continues to be held, waiting for the upgrade in April.

Coins that can also be boarded: Matic, Metis, AR.

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