Bitcoin is presently displaying strong bullish momentum, with a potential test of the $50,000 price threshold looming. Stay attentive to this week's news releases, particularly the US JOLTS Openings on Wednesday and the US FOMC meetings. While retracements or reversals could occur post these events, I expect the bullish trend to persist until Wednesday.
DISCLAIMER: The ideas presented here are speculative. Users should exercise caution, employ proper risk management, and conduct their own research before making any trading or investment decisions. This information is for educational purposes only and is not financial advice.
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