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I have shown this chart many times in the past in slightly different iterations and it remains my preferred interpretationThe veteran trader's bullish sentiment comes on the heels of Bitcoin's recent price surge, with the cryptocurrency climbing over 7.5% in the past 24 hours to surpass the $66,000 mark per . This upward momentum coincided with favorable inflation data and record highs in major stock market indices, signaling a shift in market sentiment from bearish to bullish.
Questions linger about the sustainability of Bitcoin's upward momentum and the potential impact of external factors such as monetary policy developments and risks of recession. Gamza graduated with a degree in finance and credit with a specialization in securities and financial derivatives. He then also completed a master's program in banking and asset management.
He wants to have a hand in covering economic and fintech topics, as well as educate more people about cryptocurrencies and blockchain.
Source: Digital Coin News (digitalcoinnews.net)
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