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December 21 – According to sources, another oil tanker has been seized by the United States in waters near Venezuela as President Trump intensifies his oil blockade against the government of Venezuelan President Maduro. The seized tanker, the "Bella 1," is a Panamanian-flagged vessel under U.S. sanctions and was en route to Venezuela to load cargo. This interception follows the seizure of the "Century" supertanker early Saturday morning and the seizure of the "Skipper" tanker on December 10. The White House did not immediately respond to a request for comment.On December 21, local time, the Israel Defense Forces (IDF) issued a statement saying that during operations in northern Gaza that day, several suspicious individuals were spotted gathering near the Yellow Line, the ceasefire line. IDF fired warning shots, but three armed men crossed the Yellow Line and approached IDF forces, posing a "direct threat." IDF airstrikes subsequently killed them. The statement also noted that in two other separate incidents in northern Gaza, IDF forces also discovered two armed men crossing the Yellow Line and approaching soldiers. IDF airstrikes subsequently killed them.On December 21, the French presidential palace stated that it would determine the "best way" for French President Macron to hold dialogue with Russian President Putin "in the coming days." The French presidential palace welcomed Russias statement that Putin was willing to engage in dialogue with Macron, and that France believed the aim of such dialogue was to achieve a "stable and lasting peace," and that the content would be "transparent" to Ukraine and Europe.December 21 - According to a report released by the Indonesian Meteorology, Climatology and Geophysics Agency, a 5.6-magnitude earthquake struck off the coast of North Maluku province, Indonesia, at 19:21 local time on December 21. The epicenter was located at 1.47 degrees north latitude and 126.34 degrees east longitude, with a focal depth of 27 kilometers.December 21 - On December 21, MiniMax, a general artificial intelligence company, published its post-hearing information set prospectus for the first time.

Is Bitcoin Trying To Start A Reversal Around Current Levels?

Teddy Fairbank

Dec 22, 2021 09:56

There is a fair chance that 2022 may start in a great way for Bitcoin. Whether it will be good for all coins is a different concerns, we keep believing that active bi-furcation will start crypto markets as per our crypto forecast 2022. That stated, we likewise believe it is reasonable to begin switching to a more bullish stance for crypto as a short term 2022 forecast. That's since the very first signs of stabilization right above 47k in BTC show up. It's a little prematurely to tell but we should now in the next 3 to 4 trading days.

What is it that is attracting our attention on the Bitcoin chart?

Well firstly, the short term timeframe. Although not included in this article the shorter timeframe (which will be made available in our crypto investing research location today or tomorrow) shows solid indications of support right listed below 46k. It is tough to see, you need not only a skilled eye but also the ideal trendlines and chart structures. It is noticeable, and it is the very first useful sign given that mid-November.

 

Second, if we zoom out the everyday chart begins revealing the first part of the turnaround might be almost complete now. This does not imply that a huge bull run is imminent, on the contrary. A lot of hard work is needed, and above all the crucial 46-47k level needs to hold strong (bulls can only accept intraday wicks) in or below that level).

 

Here is the point: a turnaround has 3 parts. The downtrend, followed by a stabilization and next the start of the right part of the reversal. Only when this process is total can we reasonably anticipate a solid structure for a leg greater.

 

The first part of the reversal took 2.5 weeks to complete. Assuming that we are near the middle part we can also fairly anticipate that a good result will take another 2 weeks of base structure. Once again, present levels can not be violated.

 

We would not be shocked if BTC goes back to 56k in January just to test levels around 59-60k late in January. All this, obviously, assumes that international markets don't crash between from time to time. It's an essential presumption.

 

In our crypto investing research service we are preparing our regular charts updates in 30 unique coins. This comes with conclusions in which locations prospective chances may emerge, but also when to understand that to be protective.


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