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Bitcoin Technical Analysis
The recent regulatory attacks and the more hawkish repricing for the Fed interest rates path weighed a lot on the Bitcoin price, but the cryptocurrency showed a surprising resilience and rallied back strongly as soon as the hawkish expectations waned, and the dust settled on the regulatory front. All else being equal, the recent strong bounce from a key support level may also suggest that we are about to see another extension to the upside, with a break of the 31K high being likely.Bitcoin Techn...
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Posted: Jun 21 2023, 10:15
Author Name: forexlive
Views: 110810