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Contributed Commentaries

Bitcoin is currently holding exhaustion 2/23/22

Moor Analytics

Kitco Commentaries | Opinions, Ideas and Markets Talk

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Commentaries & Views

On a higher timeframe basis: The roll over on 11/10 put this into a bearish correction/trend against the move up from $28,800. I warned it should exceed $13,000 from the high of $69,355—we have seen $36,500 of this. The decent trade below $63,285 (+15 per/hour) has brought in $30,430 of the decent pressure warned about below. These are ON HOLD.

On a lower timeframe basis: We are currently holding final exhaustion at $36,405-5,645 with a $36,340 low and have bounced $2,895. This has the potential for starting this in a new bull structure. Decent trade above $43,290 (-10 tics per/hour starting at 10:00am) will project this upward $7,200 (++); but if we break above here decently and back below decently, look for decent pressure.  CLICK HERE FOR FULL BLOG. 

NOTE: this is just a small portion of the market calls I provide my clients twice daily in the Natural Gas and Energy/Gold complex. 'Decent penetrations' are specific amounts provided to clients daily as well. If you are interested, please feel free to reach out.

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By Moor Analytics

Contributing to kitco.com

Contact mike@moor-analytics.com
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