These posts are your gateway to our exclusive market alpha, top coins to watch, and latest technical analysis. They also keep our YCC Patrons ahead of the curve.
Here is this week’s curated alpha:
Latest Bitcoin price forecast
Top 3 Altcoins This Week!
Market tips of the week
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Latest Bitcoin price forecast
TLDR: This week, Bitcoin found good support at 108k and bounced higher. To turn bullish, the price has to move above 113k.
As expected last week, the price visited the demand zone in blue for several days before buyers returned. This was an excellent entry if you are bullish in the months to come.
To be confident that Bitcoin can move higher from here, the price has to turn 113k into support and eventually break that resistance at 120k (red line). That will allow BTC to enter price discovery again.
Even if sellers return next week, Bitcoin still has strong support at 102k which is a key level that must hold to maintain a bullish bias. Right now, bulls and bears are testing each other out.
Such low volatility periods are key moments when you can get positioned. Use them wisely. More on that next.
Top 3 Altcoins This Week!
If you think Bitcoin is undecided lately, check out Ethereum. For the past two weeks, it’s been flat around $4,400. You don’t want to trade a flat trend unless you want to lose money.
The best trades come when the market is trending. This is why, if you want to make money, seek strong trends. Luckily, I have three altcoins that qualify!
Lets look at them next.
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