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1. **Price Trends and Technical Analysis: Traders and analysts evaluate Bitcoin's historical price movements using technical analysis. Chart patterns, support and resistance levels, moving averages and other indicators are used to predict possible future price movements.
2. **Market Sentiment and News Impact**: Market sentiment plays an important role in the valuation of Bitcoin. News, regulatory changes, macroeconomic factors and institutional interests can have a significant impact on Bitcoin's price and market sentiment.
3. **Halving Events**: Bitcoin experiences halving events approximately every four years, reducing the speed of new coin creation. These past events have had a significant impact on supply dynamics and prices.
4.**Network Metrics**: Bitcoin network health analysis includes examining metrics such as hash rate (mining performance), transaction volume, active addresses, and network security to assess network activity and se
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