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November 29, 2022

Bitcoin Market Analysis

Bitcoin Market Analysis is a major factor in decision-making when it comes to bitcoin stake. It influences your stake both in mining and holding and trading Bitcoin. Being the first Crypto currency adopted globally; Bitcoin remains the gangster in whose footsteps all other coins must follow.

In Bitcoin stake, it is more important to find out why you win than to win. Also, it is good to find out the reason for your loss. Success in bitcoin stake involves having a genuine Bitcoin market analysis. And to achieve this, providing answers to the following questions is key.
1. Is your selection style giving you enough chance per your time frame?
2.  Are your entries able to give you the price moves you want?
3. Are your exit style able to cut your losers short and let the winners run?
Providing answers to these questions puts you on the right track.

What do you know about macing mining?

Mycing mining is one of the most secure and reliable crypto-mining industries in the world. It has become obvious that most investors no longer have an interest in crypto mining. This is due to the rising rate of fraud and poor return on stake in the mining industry. However, it will interest you to know that lots of Bitcoin firms are still reliable. Moreover, they offer a good return on stake. Just like this bitcoin market analysis; Following critical studies and experience;  Mycing mining is top of the list of reliable mining firms.  They have a proven record of customer pleasure.

Bitcoin Market Analysis

So, if you are an investor still looking for a reliable firm to invest in; Mycing mining remains the best.
To mention but a few of the good news about Mycing mining; It is user-friendly;  It has over 150% return on stake with profit accrued daily; And hitch-free withdrawal access. Think crypto mining! Think Mycing mining!

Bitcoin Market Analysis BTC/USD

Get ready. Bitcoin will follow Tech/NQ as the Reversion Rally takes place over the next 4+ months (probably lasting well into Q1:2023). We expect Bitcoin to rally to above $29k – possibly reaching as high as $35k. Our research suggests the US/Foreign markets are about to enter a Reversion Phase (rally trend). This is happening after nearly 12+ months of global/US selling pressure. Bitcoin should follow the Tech/NQ Sector higher over the next few months.

We should be looking for proof of this bottom/base over the next 4+ or more weeks. We need to see recent lows hold up. And also a moderate rally take place before November 12th.

This could be a decent rally for the US/NQ/Foreign markets; If the US Dollar slides sideways/downward.

At present, there is a false breakout. However, we aren’t bullish yet. We are still in a bearish downtrend and yet to reach bottom. The bear market isn’t over yet. Since the resistance downtrend target hit; We be looking forward to seeing more downtrends than the big fall.  The bottomed target is down to 10K. But the first target is down to 17K area then breakdown to go lower.
It’s still volatile. So don’t fall for trap bull price.

Bitcoin Market Analysis Conclusion

This review gives an insight on the possible market trend. Although, it’s not a financial advice. However, it guide investors in making informed decision.
Thanks for reading and don’t forget to share. Equally read our Smart mining review.
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