When we examine the BTC chart, the US reserve statement catches our attention before the chart itself. It did not have a positive impact in the direction we expected. President Trump stated that there will be no BTC purchases in the short term, and that the reserves will not be interfered with. We see these factors in the fundamental analysis.
Now, let's take a look at the BTC chart technically. Unfortunately, we cannot get positive feedback from our indicators; MFI is not improving on the daily chart. If the support at 80,753 is broken, we could see the70,000 levels. Recent daily closes will be very important
Now, let's take a look at the BTC chart technically. Unfortunately, we cannot get positive feedback from our indicators; MFI is not improving on the daily chart. If the support at 80,753 is broken, we could see the70,000 levels. Recent daily closes will be very important
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.