The Trust Layer for Market Analysts

The analysts give price predictions for Bitcoin, stating if the price fails to rebound to 103800, it could drop to 92000. They show the moving averages for bitcoin and say it needs to move above the 300 day moving average to be bullish. The presenter believes that $92,000 is the line to turn bearish long term. There is further discussion that the government re-opening hasn’t made an impact, a situation that will likely lead to a big short wash. One speaker says in order for green candles to light up (become bullish) the market needs to move to the upside and break above the 300SMA simple moving average. An analysis of Aerodrome (AERO) shows that the price retraced back into a previous range low they had already identified. It would not flip to bullish until $1.18 before previous support becomes new resistance.