Technically: locally BTC in the downward channel. There is solid support near the lower boundary. I expect a rebound to the middle line of the channel. There is a strong resistance around 38.2% Fibonacci levels.
Fundamental News:
1. Biden's announcement of a new stimulus package of $3 trillion, respectively, a little of these funds should go to a non-inflationary instrument - Bitcoin.
2. Elon Musk with Tesla cars for Bitcoin.
3. Acceptance of Bitcoin all over the world by big players. This correction only plays into their hands for accumulating more volume.
Best regards EXCAVO
Fundamental News:
1. Biden's announcement of a new stimulus package of $3 trillion, respectively, a little of these funds should go to a non-inflationary instrument - Bitcoin.
2. Elon Musk with Tesla cars for Bitcoin.
3. Acceptance of Bitcoin all over the world by big players. This correction only plays into their hands for accumulating more volume.
Best regards EXCAVO
bitunix.com/register?vipCode=Ri1J7239
trading-tournaments.com/tournaments
Free analysis→ t.me/+Qm96gDz3qdyNOs8t
Indicators → excavo.com/
Strategies t.me/ExcavoPulseBot
🎓 → t.me/EXCAVOREFF_bot
trading-tournaments.com/tournaments
Free analysis→ t.me/+Qm96gDz3qdyNOs8t
Indicators → excavo.com/
Strategies t.me/ExcavoPulseBot
🎓 → t.me/EXCAVOREFF_bot
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.
bitunix.com/register?vipCode=Ri1J7239
trading-tournaments.com/tournaments
Free analysis→ t.me/+Qm96gDz3qdyNOs8t
Indicators → excavo.com/
Strategies t.me/ExcavoPulseBot
🎓 → t.me/EXCAVOREFF_bot
trading-tournaments.com/tournaments
Free analysis→ t.me/+Qm96gDz3qdyNOs8t
Indicators → excavo.com/
Strategies t.me/ExcavoPulseBot
🎓 → t.me/EXCAVOREFF_bot
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.