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Showing posts from February, 2025

Bitcoin Eyes $81,600 as Key Support

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 Bitcoin Eyes $81,600 as Key Support The financial and market information provided on wisemoneyai.com is intended for informational purposes only. Wisemoneyai.com is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Bitcoin May Retest $75,000 to $85,000 Range, Support Level at $81,600 Bitcoin continues its bullish momentum, but market analysts suggest a potential retracement to the $75,000–$85,000 range. There's not much volume around $75,000 based on market depth. The key support level to watch is the 200-day Moving Average (MA) at $81,600, which could act as a strong buffer against further downside. Technical Analysis: $81,600 as a Crucial Support Level Historically, the 200-day MA has been a reliable indicator for Bitcoin’s long-t...

Market Trading Strategy: Avoid Catching the Falling Knife

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Market Trading Strategy: Avoid Catching the Falling Knife The financial and market information provided on wisemoneyai.com is intended for informational purposes only. Wisemoneyai.com is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Bitcoin and altcoins have suffered significant losses due to macroeconomic fears and market uncertainty. Key support levels have been broken, signaling potential further downside in an unpredictable market. What’s causing these uncertainties? Recent macroeconomic uncertainties have been influenced by several key factors: 1. Geopolitical Tensions and Policy Shifts: Trade Policies:  The re-election of President Donald Trump has introduced unpredictability in trade relations, with potential shifts in tar...