What is the significance of the 37,000 level for Bitcoin according to the technical analysis?
Ether Is Long-Term Outperformer, Fairlead Strategies Says

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Business, Information Technology (IT), Architecture
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University
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Hard
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
It is the all-time high for Bitcoin.
It is a key level for maintaining the long-term uptrend.
It is the average price of Bitcoin over the last year.
It is the price at which Bitcoin was first launched.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How has Bitcoin's role as an inflation hedge been perceived recently?
It has been unaffected by inflation concerns.
It is not currently acting as an inflation hedge.
It has been put to rest indefinitely.
It has been confirmed as a strong inflation hedge.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a significant factor contributing to the volatility in the cryptocurrency market?
Lack of interest from investors.
Inherent volatility in the cryptocurrency space.
Stable government regulations.
Consistent market trends.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the target price for Ethereum after its breakout?
7,000
6,000
5,000
4,000
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is Ethereum considered a long-term outperformer compared to Bitcoin?
It has a higher market cap.
It has shown consistent long-term growth.
It is less volatile than Bitcoin.
It is more widely accepted as a currency.
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