President Donald Trump has signed a historical decree that makes Bitcoins a strategic reserve of the United States, allowing the government to maintain and potentially obtain BTC without increasing the federal budget. The course responded badly and fell below $ 85,000 before recovery. Operators are disappointed because they expected more from the United States. King of the cryptocurrency is trying to hold $ 90,000, has already noticed his market summit for this cycle? Let’s make an inventory in the Bulletin of the Day!
Bitcoin course dropped by 4 % in 24 hours
Notification Strategic reserve BTC It was not a surprise and probably already spent the course of Bitcoins. He has had a course since dropped below $ 85,000 Before jumping. BTC Decrease of 4 % per 24 hoursBut it remains 10 % per week ::
Bitcoin performance in the face of different couples. Source: Coincheckup
BTC/ETH ratio rises 7 % per weekfrom 12 % per month and more than 60 % in three months. Therefore King of Cryptos continues to overcome Ethereum.
The market would not yet know the final phase of euphoria
The indicator below represents Crypto fear and greedindicator Feeling of market. The indicator uses a Mobile diameter for 30 days to exterminate movements and eliminate “noise”:
We realize that he was there Significant phase of euphoria in 2021 (beige zone). And even if it has the price of bitcoin exceeded $ 100,000 In 2024 the indicator of the market feeling would be Only in optimism.
Notification Bitcoin strategic reserve It was made and it was materialized. Operators are now thinking What could the catalyst send BTC for his last ATH. The United States has just formalized the fact that BTC is a reserve of valueAnd other countries could follow. Also meeting on cryptocurrencies in the White House is likely to learn more about other subjects such as ordinanceand ET cash.
Bitcoins prices block against $ 92,000
Yesterday was the course of BTC rejected at the level of resistance to $ 92,000. Then the course returned to the level 4h support for $ 86,000 ::
To prevent a new wave of decline, it will be necessary Keep support to $ 86,000. And hope Check Bitcoin for $ 100,000it will be necessary Continue at $ 92,000 as media. AND Closing over $ 95,000 would allow this during the CV and Short -Vzestupná Dynamics UP. RSI will have to develop for 73 You want to continue and Movement Haussier in 4 hours.
The Bitcoin course does not have to complete its bull market, because the last phase, Euphoria, has not yet occurred. However, the loss of $ 86,000 would probably cause volatility down. A case that follows in a local newspaper!