m for the cryptocurrency sector, especially for Bitcoin (CRYPTO: BTC). Recently, she expressed her belief that the incoming White House administration could significantly boost Bitcoin's growth.
1. Regulatory Relief: Wood anticipates that relaxed cryptocurrency regulations could propel Bitcoin's value to new heights. 📈 2. Institutional Interest: She also highlights the growing interest from institutional investors as a major factor in Bitcoin's potential surge. 🏦 3. Bold Predictions: Wood has
1. Support: $0.4173 – Potential bounce here for long entries.
2. Resistance 1: $0.4646 – Break above this could signal further upside.
3. Target 1: $0.4793 – Next resistance target.
4. Target 2: $0.4930 – Watch for a breakout.
5. Target 3: $0.5100 – Ultimate resistance level.
Indicators:
MACD: Bullish crossover.
Bollinger Bands: Price near the upper band, suggesting a breakout.
Conclusion: Bullish outlook for POL/USDT with targets at $0.4793, $0.4930, and $0.5100. Look for pullbacks to $0.4173 as buying opportunities. Manage risk with stop-losses!
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