@CryptoDailyFX 2 March 2021 more from that month

Bitcoin Dip Expires, Bull Run Resumes (3/2/21 Forecast) Bitcoin rallied on Monday to kick off the week, starting low before surging higher to nearly the $50K level before closing the daily candle just underneath. This is a very bullish candle as it appears Bitcoin has not only found support but is exhibiting strength to resume to the upside.

(March 1, 2021  11:30PM EST) Short-Term: Bitcoin's short-term weakness appears to have been short-lived as we expected as Bitcoin found quite a bit of support around the $43K - $45K region, or the 50% Fibonacci retracement, much like the January correction which we suspected would be relevant. If Bitcoin can maintain this upward momentum and break above the $50K level, then we are back in bullish territory again. A break above $60K is obviously a bullish sign and a clear road ahead.  Long(er)-Term:  Bitcoin should grind back higher as it begins a larger W3 higher (potential W3 of W3). A **conservative measured move of 1.612% of the micro W1 that just terminated around $58K measures up to the 2.272% Fibonacci extension level around $99K**. A more aggressive move measuring 2.612% of the recent W1 would send Bitcoin up closer to $125K (literally off my chart above). Bitcoin will likely not only hit our projected price targets but exceed them due to higher than anticipated inflation and government Quantitative Easing on a huge scale, especially starting H2 2021. I think $100K is not only on the table but a high likelihood in late 2021. Even the Stock to Flow Model for Bitcoin is well on track, pointing to a $100K - $200K Bitcoin, and the S2FX model points to a nearly $300K BTC end of this cycle.  Daily Headlines: Bitcoin's fundamentals have not changed; this is simply a short-term blip that should be bought unless proven otherwise. If you were waiting to buy the dip, now's the time. https://bit.ly/2XDsVNf Citibank: "Bitcoin is at a tipping point and could become ‘currency of choice’ for global trade" Goldman Sachs restarts Bitcoin trading desk CBOE files to list VanEck's Bitcoin ETF Fidelity: "Bitcoin works as digital gold" **Support:**  1st support: $45K. 2nd support: 50% fib around $43,800. Floor: $40K.  **Resistance:**  Immediate-term = roughly $60K. Buy Bitcoin here. https://www.coinbase.com/join/warhol_5 Earn Crypto here. http://bit.ly/2uthcXt https://www.coinbase.com/earn/stellar/invite/t9mfxsp6 **Stake Bitcoin for 6% Interest.**  https://blockfi.com/?ref=04e80b1f