@pipsnipers

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Avg. Quality

71

Success Rate

15.85

Analysis

82
Correct
13
Fail
64
Pending
5
Ineffective
0
Total Quality
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BITI
Long Entry 24.4400 2026-04-08 09:32 UTC
Target 33.1900 Fail 21.0000
Risk/Reward 1 : 3
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BITI
Pending
Stocks
Technical
1H
Analysis Predict Bull Market
The analysis focuses on Bitcoin (BTCUSDT) and the BetaPro Inverse Bitcoin ETF (BITI). For BTCUSDT, the bearish short-term outlook suggests a potential move down to the 66021.86 level, with invalidation above 72000. The BITI ETF, which represents an inverse Bitcoin strategy, is showing signs of entering a bullish phase. It is currently consolidating and holding above its 50-day and 100-day moving averages, with a potential target around 33.19 if it breaks above its current resistance levels. The speaker highlights that the current trend for BITI suggests a shift from a bear market to a potential bull market.
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