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Issue 56 – Key Test for Cryptos Coming Up

August 16, 2021


The crypto market is cooling off a bit today after some intense rallies over the past few weeks.

BTC and ETH are both testing some massive support levels as I type this.

I’ll talk about that, as well as what I consider the big test for cryptos that could be coming up in the next few weeks. I will also share updates on SUSHI, WOO, and VET.

Let’s start!

Outlook for the Next Few Weeks

The entire crypto market is at key support today. Bitcoin is testing $46,000, while Ethereum is challenging the $3,170 region.

However, there’s a much bigger test that I want to discuss today.

Everyone wants to know if the crypto bull market is ongoing or if it ended in April. While nobody knows for sure, I tend to think we see another leg higher.

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Trading Tools & Resources

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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