Bitcoin above 10000.0, but looking down
Updated
BTCUSD broke the 10000.0 resistance again but did not show any significant impulses yet. From the upside, we still have an Angle Resistance, 11000.0 level, and Neck Line zone. If BTCUSD will not gain significant volumes or fundamental support - rebound from this levels looks more probable.
One of the nearest significant events will be the propose of Bitcoin regulation rules on G20 summit in March.
"France and Germany will make joint proposals to regulate the bitcoin cryptocurrency at the next summit of the G20 group of major economies in Argentina in March, French Finance Minister Bruno Le Maire said on Thursday. " - Reuters.
It is possible, that big investor will hold Bitcoin price on low levels until this event.
One of the nearest significant events will be the propose of Bitcoin regulation rules on G20 summit in March.
"France and Germany will make joint proposals to regulate the bitcoin cryptocurrency at the next summit of the G20 group of major economies in Argentina in March, French Finance Minister Bruno Le Maire said on Thursday. " - Reuters.
It is possible, that big investor will hold Bitcoin price on low levels until this event.
Note
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