Bitcoin (BTC/£) - Bearish Short TermKey Levels for Bitcoin, since early March BTC has been struggling to break above major resistance level at: "£57K" with 3 points of price rejection with wick contacts. £48K mark has been holding strong support for pressure for the bulls, but I still predict short term Bitcoin will try shake investors out during this halving event.
Remain positive, look for opportunities to take advantage of the market sentiment. Long term is the big picture!
Minor Support= £48K🟢
Line of Resistance= £57K🔴
New Support= £42K❔
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Coinbasebtc
COINBASE stock (280% gains if you're patient) NEW analysisCOINBASE stock looks great.
Falling wedge broke out bullishly and what we saw on 13 and 14 of February was creation of higher low and support retest.
Target 1 is at 114$ . It's a technical target from the bullish falling wedge pattern.
Target 2 is for patient investors/swing traders as it may take some time to get it.
At 205$ most likely we will see a trend reversal and heavy sell pressure as it's a strong resistance.
We are bullish on COIN in Q1 and Q2 2023.
Good luck