Market Trends Newsletter #1 1st March 2021

Bull & Bear Newsletter

Market Trends Newsletter #1 1st March 2021 Welcome to the first edition of the Bull & Bear Market Trends Newsletter. Periodically released, we examine the recent variety of developments from the crypto space to identify key trends so we can best understand what’s happening in the markets and take advantage.  This edition is public and completely free to give a would be subscriber a look inside and get idea of what is in each newsletter. One the agenda in this edition: Market Health Check. BTC.D, BTC Technical Analysis. Important levels. OnChain data.  key metrics examined to see where Bitcoin is going Recent Trading Insights and Lessons Shitcoin Set-ups. Simple, easy to trade alt-coin set ups Crypto Trends. What’s hot in the markets at present Content worth consuming. Quality content from the rest of the space to help you get the signal vs over the noise Market Health Check BTC.D The most recent price action on the BTC.D chart is completely untenable. The non-technical term for price action like this is organ grinder due to the blade like look of the long upper and lower wicks. So what does this mean? Well from a trading perspective it’s not very useful however what it does tell us is the market is some what moving together. Although there are alt coins that of course outperform bitcoin and some that under perform, what we can see here is generally the majority of the market is moving directionally. Now when we examine OnChain data a little later we’ll see why. Traders aren’t rotating profits and are instead being conservative or staying in their current positions. BTCUSD 1HR As mentioned in my video on my YouTube Channel today there are some clear opportunities to breakout traders looking for confirmation denoted by the three arrows on the …