Welcome to Extreme Investor Network: Your Source for Expert Analysis on Bitcoin and Wall Street
As the Bitcoin market continues to see ups and downs, it’s crucial to stay informed and ahead of the game. Here at Extreme Investor Network, we provide unique insights and technical analysis to help you navigate the ever-changing world of cryptocurrency and trading on Wall Street.
After a recent rally in the Bitcoin market, we are now seeing a slight pullback. The $62,000 level is key, as it has transitioned from resistance to support. Breaking above this level indicates increasing strength in the market. However, in order to make a higher high on a longer-term chart, we need to surpass the $65,000 mark. Since the introduction of the ETF from Wall Street, interest in Bitcoin has wavered, leading to a downward trend. But the recent close proximity to $65,000 is a promising sign.
As we approach the end of the week, all eyes are on the closing price. If Bitcoin closes below $62,000 on Friday, we may see a further pullback to around $60,000. Paying attention to these key levels and market trends is essential for making informed trading decisions.
At Extreme Investor Network, we go beyond the surface-level analysis to provide you with valuable information and expert insights. Stay ahead of the curve and join our network of savvy investors today.