@xuanling11 22 February 2021 more from that month

Bitcoin Technical Analysis 02-22-21

Bitcoin retreat around **$47K** after touch **$58K**. If it stables around **$53K ~ $54K**, the next target is stable at **$58K** and hit **$60K**. The question is if Bitcoin will **continue raising and be sustainable**? My opinion is ****still yes yes**** which it will have more and more institutional buyers hype to buy. However, I also think the risk is ****high**** at this level with minor correction coming.

****Most Bullish News 📈**** Bitcoin is still a buy https://bitcoinist.com/whales-move-1-6b-in-bitcoin-ahead-of-nearly-20-selloff/?utm_source=rss&utm_medium=rss&utm_campaign=whales-move-1-6b-in-bitcoin-ahead-of-nearly-20-selloff It indicates that Bitcoin may continue raising more. ****Most Bearish News 📉**** Fed Reserve attacks Bitcoin http://feeds.marketwatch.com/~r/marketwatch/bulletins/~3/XgDu5FaLlSQ/go It indicates that Bitcoin may face correction later with exceed supply. Resources https://www.coindesk.com/price/bitcoin https://bitcoinist.com/whales-move-1-6b-in-bitcoin-ahead-of-nearly-20-selloff/ http://feeds.marketwatch.com/~r/marketwatch/bulletins/~3/XgDu5FaLlSQ/go