Bitcoin Technical Analysis Elliott Wave Forecast & Trading Strategies.
Bitcoin and Ethereum Technical Analysis Elliott Wave Overview.
Bitcoin Technical Analysis Overview: Short term resistance 58,000 and support 55,900.
Bitcoin Elliott Wave: iii) of 3 of (5).
Bitcoin Trading Strategy: Buying the dip.

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Why Bitcoin has entered a new bear market

Bitcoin price has tumbled to a multi-month low below $33,000, as the leading cryptocurrency loses 50% of its value from its all-time high in November 2021. This marks the second-worst sell-off since the bear market that spanned from 2018 to 2020. Bitcoin bulls have definitely taken a backseat.

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Mastercard exceeds earnings expectations in Q4, aims to increase Ethereum scalability

Mastercard has seen its fourth-quarter net income rose to $2.38 billion from $1.79 billion and its reported revenue of $5.22 billion, exceeding analysts' expectations. CEO of Mastercard stated that the firm aims to increase Ethereum scalability.

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XRP Price Prediction: One wrong move could put Ripple at risk of a 70% nosedive

XRP price is at risk of a significant move to the downside after it dropped below a critical line of defense. If Ripple slides below $0.58, the bulls can expect further losses as the prevailing chart pattern puts a 70% decline on the radar.

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Sandbox Price Prediction: 40% bull rally at risk of terminating

Sandbox price has made some wild price swings this week. From the open, it has moved from $3.34 to $2.55 – a 23% drop. Then, SAND rallied nearly 40% to $3.55 from the weekly low at $2.55. Selling pressure resumed upon hitting the weekly high.

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Bitcoin: BTC may capitulate to $30,000

Bitcoin price has dropped considerably over the last three weeks. The recent downswing has made things worse for BTC and hints that a steep correction could be on its way.

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