Fundamental analysis of Bitcoin all depends on Elon Musk. Follow his comments on the topic. Usually he sells to buy at the bottom, gains a position and when the profit is approximately 100%, he begins to cut it, and so on for the third round.

It looks like the correction is over. Next target is above 1.3850

Looks like 160 is not the limit. The trend is steady and reaching new records.

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looks like the inverted head and shoulders has worked out and will not rise above 0.91 before the correction

Very likely )

Looks like it is consolidating before breaking the high.

The nearest resistance is 0.8760. very strong level - low 2021, 23.6% fibo, upper line of the descending channel at daily. Most likely from it will go below 80.

Technical features. The nearest support will appear below 80.

Looks like we'll have to touch bottom below 80

If to return to 1.1270. then the long-term trend will break.

I keep the buy up to 151. So far the flight is normal.

The toad is inflated again. 68 is just around the corner.

Looks like it's going down a bit. But I don’t remember such an uncertain situation for a long time. sitting on the fence.

In your opinion, has a catastrophe occurred or is it not yet clear?

Reopened sell by. I'm waiting for profit at 1.1900.

In the medium term, this decline is a downward correction. The correction will turn into a downward trend below 1.16. There is still a long way to go before a catastrophe.

Fixed profit. If it corrects upward, I will open another sell for profit target 1.1900.

Below 1.25 I will sell to 1.2150 )

If it drop below 1.0750, I open short to 1.0600. For longs is still early imho.