Thursday , February 25 2021
Home / Commodity Blog / Video: Bitcoin Price Prediction for February 2021 – Musk/Tesla Buy 1.5B Bitcoin!

Video: Bitcoin Price Prediction for February 2021 – Musk/Tesla Buy 1.5B Bitcoin!

Summary:
In the present video, David Jones from Capital.com provides his forecast for bitcoin in February 2021, trying to answer the question: was the recent rally of the cryptocurrency a false breakout or it proved that the bullish momentum persists? He starts the video with fundamental analysis, explaining factors behind the recent surge and what fundamentals will be influencing bitcoin in the near future. Next, David lists the major support and resistance levels. He then turns to technical analysis, showing charts and technical indicators, trying to predict where prices may go next. In the end, David decides he wants to be a buyer but refrains from buying just yet, though suggests various strategies traders may employ. If you found this video useful and want to see more videos like this one

Topics:
Vladimir Vyun considers the following as important: , ,

This could be interesting, too:

Mark Stevenson writes .6 Billion Liquidated Across Exchanges As Bitcoin Drops Below K

Mark Stevenson writes Over 63,000 Bitcoin Options Will Expire on Friday – What Does This Mean?

Vladimir Vyun writes Video: Platinum Price Forecast for March 2021 – Will the Rally Continue?

Mark Stevenson writes Tesla Made Billion Profit from Bitcoin Investment

In the present video, David Jones from Capital.com provides his forecast for bitcoin in February 2021, trying to answer the question: was the recent rally of the cryptocurrency a false breakout or it proved that the bullish momentum persists? He starts the video with fundamental analysis, explaining factors behind the recent surge and what fundamentals will be influencing bitcoin in the near future. Next, David lists the major support and resistance levels. He then turns to technical analysis, showing charts and technical indicators, trying to predict where prices may go next. In the end, David decides he wants to be a buyer but refrains from buying just yet, though suggests various strategies traders may employ.

If you found this video useful and want to see more videos like this one or if you want to see a commodity trading video on some other topic, please leave your response using the form below.


Commodity Blog, 2021. | Permalink | No comment | Add to

Better Feed from Ozh

Vladimir Vyun
Vladimir is an online journalist with background in computer science and work experience in pension funds. He contributes news reports, fundamental analysis and sentiment forecasts to TopForexNews.com and CommodityBlog.com. His main specialization is the currencies of emerging economies and inter-market correlations with commodity and bond trading.

Leave a Reply

Your email address will not be published. Required fields are marked *