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marqueszeroum
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Thank you to CEO Luís for always sharing his analyses with us.
These are very important pieces of information for us investors; we will stay alert.
VITRA BLOCKCHAIN
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🦅
✈️ Today, Wednesday, I'm traveling, but always keeping an eye on the financial markets and the Crypto world.
I'm only sharing a Bitcoin chart. Fig 1.
In this daily Bitcoin chart, we can see how far Bitcoin has moved away from its 200-period moving average (MM200).
Which is represented by this orange line.
Right now, it's at 110,000!
And Bitcoin always seeks this average.
Bitcoin never stays away from its MM200 for very long!
This happens whether Bitcoin moves away because it rises too much,
or when Bitcoin moves away because it falls too much in value.
It will always, always seek this average again.
And believe me, Bitcoin will seek this value of 110,000!
First, it will seek its MONTHLY VWAP at 102/103K,
But its path will be to reach those averages,
To then, yes, build new historical highs! And this cycle will still surprise many people with its explosive appreciation.
Finally, the great Arthur Hayes, Guru of the Crypto world, VISIONARY,
Also has this vision! Fig 2
He also believes that Bitcoin bottomed out at 80K!
I also believe so!
And you?
❤️
Luís Almeida - CEO VITRA VERSE
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.
See T&Cs.
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