Market Analysis
February 19, 2024
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⚪️TECHNICAL (1W)
The recent bullish weekly candle close for Bitcoin (BTC) indeed suggests a strengthening trend in the market, potentially indicating a forthcoming bullish rally. Historically, such candlestick patterns often signal continued upward momentum, attracting investors' attention and fueling optimism within the cryptocurrency community.
⚪️WRAP-UP (VIP)
During bullish phases in the market, investors often seek higher returns by diversifying their portfolios into altcoins, which may have the potential for greater short-term gains compared to Bitcoin.
$BTC DAILY RANGE:
📈Upper Limit: 52500
📉Lower Limit: 51900
(+-13% based on moving average volatility open/endpoints)
📌SCALP ENTRIES (VIP)
(*Advanced traders only - moderate/high risk)
🔵LONG
💲50000
🔴SHORT
💲57000
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#@BloodlineAdmin
