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 let’s see where the breakout would be.
I'm sure this post was prompted by the conflict between Binance and Coinbase with the SEC. This is what you meant by "fundamental news," and it is hardly the first of its type. Such news always has a strong impact on the market, causing a decrease in prices since investors are always moved by such news because it is accompanied by a great deal of worry. However, bitcoin will quickly revert to its usual market course and resume its normal market movement.