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Issue 107 – Markets at a Crossroads

November 4, 2021


Bitcoin is sitting right on a critical support area. It’s one that could decide whether we see BTC slide lower to $58,000, or rally back to $64,000.

In today’s newsletter, I’ll show you exactly what I’m watching for there. Plus, I’ll provide updates on DXY, ETH, ADA, and DOGE.

Let’s start!

US Dollar Index (DXY)

The DXY is once again ripping higher today. I thought we might get a pullback today following Wednesday’s bearish engulfing candle, but it wasn’t meant to be.

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The links below are affiliate links. Meaning that at no additional cost to you, I will earn a commission if you click through and sign up.

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Justin T Bennett

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About the Author

I'm Justin Bennett, a currency trader turned crypto enthusiast.

My journey started with stocks in 2002. After limited success, I transitioned to currencies in 2007, which later became a full time trading gig.

The journey continued, and in 2020, I committed to learning about cryptocurrencies. It was love at first sight.

Cryptocademy.com is the culmination of my love for cryptocurrencies, my passion for financial markets, and desire to learn and teach.

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