LATEST BITCOIN ANALYSIS FOR THE REMAINING DAYS OF MARCH 2021/POTENTIAL BUY ENTREIS
The flagship cryptocurrency “Bitcoin” has been seen to have broken it’s all time high more than 4x within the space of 3months. While most traders are skeptical about the next step Bitcoin will take, some tend to side with the bearish team, while others with the bullish team. This article has been carefully analyzed while putting into consideration some technical and fundamental analysis to show the possible play of Bitcoin in the remaining days of March 2021. PAST BITCOIN ANALYSIS In the first half of February of 2021, the price of Bitcoin spiked from $32799 to $58,000 thereby breaking its All-time high of $42,000 and setting a new At-time high at $58,000 , Most traders termed this “ The Elon Musk’s Effect “owing to the fact that that Elon Musk (Currently the world richest man) made an open purchase of $1.5B worth of Bitcoin. The second half of February started with a very strong bearish drift to the downside from the $58k All-time high down to $44,300 (more than ...