Bitcoin Technical Analysis 03-22-21

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Bitcoins opens at $57K and goes down to around $54K and stable around $54K ~ $55K. The average transaction fee is $14.88 which is 11.74% decrease from yesterday. There is some correction happened and with its strong support at $52K.

Bitcoin volatility is moving less volatile in yesterday. The market has reacted peak value at $61K but retreated to $54K which means the Bitcoin prepares for next milestone $60K at some time if continue stabling around $58K.

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