Post
Topic
Board Trading Discussion
Re: Bitcoin moving with fundamental news
by
Hamphser
on 07/06/2023, 20:56:51 UTC
Bitcoin moving with fundamental news events and the breakout turns to be a fakeout now. Price fully reversed back to the resistance area and rejected again. #BTC back in range, so lets see where the breakout would be.

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Bitcoin Price Moving huge for a news i think. Security Exchange Commission SEC USA Lawsuit against Binance. For this News Bitcoin Price Gone Huge Down. But we saw within short time Bitcoin price reversed and price back. Now Bitcoin Price near about $26.8k. I think Bitxoin Price will stable here and it qill go moon within short time.
Bitcoin Now in uptrends I think within short possible time Bitcoin will hit $35k - $40$. And it will continue go to the new ATH.
As long those news and fundamentals is really that connected to Crypto specially with Binance, then expect that there would really be some significant impact into its price but not all the time.We do know that
when it comes to traditional economic events or situations on which crypto space is really that independent but as the years passing by on which i had also observed that market is really that slowly becoming that too reactive when it comes to economical events which is something that we should really be needing to looking into. This is why its really that important that you should really know on making up switches
in between TA+FA in regarding with your analysis because we've seen that there are really that moments where it do make out some reactions on sometime but there are also moments
on which it doesnt really care at all.