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Bitcoin Technical Analysis 03-07-21

Bitcoin volatility is moving less volatile in yesterday. The market has reacted peak value at **$58.6K** but retreated to **$43K** which means the Bitcoin prepares for next milestone **$60K** at some time if continue stabling around **$58K**. It is fairly stable at this level around **$47K**. Volume of trading is still very health at this level. https://www.publish0x.com/bitcoin-price-drop-what-just-happened/bitcoin-technical-analysis-03-06-21-xpnvplw ****Most Bullish News 📈**** Chinese companies are buying Bitcoins https://www.trustnodes.com/2021/03/07/publicly-traded-chinese-company-buys-bitcoin-and-ethereum It indicates that Bitcoin price will be stable with expending of users. ****Most Bearish News 📉**** Bitcoin sentiment goes negative https://en.ethereumworldnews.com/bitcoins-twitter-sentiment-at-its-most-bearish-since-oct-1st-2020/ It indicates that Bitcoin may face correction due to loss confidence. Resources https://www.coindesk.com/price/bitcoin https://www.trustnodes.com/2021/03/07/publicly-traded-chinese-company-buys-bitcoin-and-ethereum https://en.ethereumworldnews.com/bitcoins-twitter-sentiment-at-its-most-bearish-since-oct-1st-2020/

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