BTC/USD has been falling despite the relative calm in stock markets. Fed Chair Powell's point that no decision on a big hike had been made did not impact the cryptocurrency.
What does hurt Bitcoin is the crypto-industry, most recently the troubles at Silvergate. The crypto lender is under investigation, as part of the ongoing fallout from FTX's collapse.
After some consolidation, BTC/USD fell decisively below 22,131, and is heading toward 21,398. The next cushion is 20,000 .Resistance above 22,131 is at 22,612. I expect further gradual falls, despite the fact that the 4h-RSI is below 30 once again, indicating oversold conditions.
What does hurt Bitcoin is the crypto-industry, most recently the troubles at Silvergate. The crypto lender is under investigation, as part of the ongoing fallout from FTX's collapse.
After some consolidation, BTC/USD fell decisively below 22,131, and is heading toward 21,398. The next cushion is 20,000 .Resistance above 22,131 is at 22,612. I expect further gradual falls, despite the fact that the 4h-RSI is below 30 once again, indicating oversold conditions.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.