CandleFocus Bitcoin Bull Market Still in Play, Says Analyst Sharing the Likely Next Moves for BTC in March
2025-02-28
Author: Content Editor
The given content highlights the opinion of a reputed analyst who believes that the Bitcoin bull market is still ongoing despite the recent price fall. The analyst mentions that a monthly close below Tenkan would be a warning sign and a trend shift confirmation would only occur if Kijun breaks to the downside. The analyst also provides an update on Bitcoin's current price, mentioning that it is testing a key Ichimoku level at $81,000 and that a lower-than-expected Core PCE announcement could fuel a bounce for Bitcoin. However, if this does not happen, further downside is likely. The crypto community eagerly awaits to see what Bitcoin's price will do next.
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