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Navigating in No Man's Land

Updated: Apr 4, 2023

Tonight, if Bitcoin's price is over $24,843, WealthUmbrella will go back into Bitcoin. We went out of Bitcoin on March 4th, 2023, thanks to our Ehler filter that flagged that the small pullback had reached a level consequent with a real downtrend. After our exit at $22,341, the drama surrounding the meltdown of Silvergate as well as the one related to the $3.3 billion of the funds backing the USDC stablecoin stuck at Silicon Valley Bank took the price down to $19,560.

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WealthUmbrella, backed by the expertise of real scientists, harnesses advanced machine learning to provide access to dedicated and rigorously tested indicators. Our mission is to empower retail investors by facilitating informed decision-making through a deeper understanding and greater accessibility to these powerful tools.

This content is for informational and educational purposes only and does not constitute financial, investment, or legal advice. We are not licensed or registered as financial advisors with any regulatory authority, including the AMF (Autorité des marchés financiers). Any reference to past performance is historical and not a reliable indicator of future results. All investment decisions involve risk, and you should consult a qualified professional before acting on any information presented.

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