MSK-

BITCOIN TECHNICAL ANALYSIS

COINBASE:BTCUSD   Bitcoin
CAUTION :ITS NOT AN FINANCIAL ADVICE
( NEWS )
FROM ADAM CHOCHRAN TWITTER ACCOUNT
good comparable for DIC recovery process -entity got 62% of balances paid out right away under FDIC advanced dividend process
and final payment had recovered 94%
usdc also got stable on its 1 dollar peg

LONG TERM ANALYSIS
btc broke its r1 and moving towards its R2 if price got rejected then there are major chances of trend reversal and we can expect a range play in R1 and R2 after 14 March 2023

btc range play above R3 and resistance becomes support from 3 march to 6 march 2023 but bulls were in after 7 and broke all 5 levels of support and resistance
r3- 22292
r2- 21830
r3- 20901

s3- 20226
s2- 19803

btc will retest its fib retracement PRICE level of
1- 20947
2- 20420
probability is s3 will break and next price within 70 days will be 19800-19400
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