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Bitcoin Technical Analysis: What to Expect in the Coming Weeks

Crypto Crash: Bitcoin Price DROPS ahead of FOMC!
Crypto Crash: Bitcoin Price DROPS ahead of FOMC!

In a recent video, Nick from Cheeky Crypto provided a technical analysis of Bitcoin’s price action. He discussed potential trade opportunities, support and resistance levels, and a possible bearish structure for Bitcoin’s movement. Nick also highlighted the importance of various moving averages and addressed the overall market sentiment.

Here are some of the key takeaways from Nick’s analysis:

Nick also recommended Bitget as a preferred exchange for both leverage and spot trading. He stressed the importance of learning how to use exchanges during bear markets.

Overall, Nick’s analysis provides a balanced view of the current Bitcoin market. He believes that there are still opportunities to trade Bitcoin, but it is important to be aware of the risks involved.

If you are interested in learning more about Bitcoin technical analysis, I recommend checking out Nick’s video. You can also visit his website for more information.

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