Our opinion of the day
Market in a correction phase ('Bearish') with strong risk aversion.
Bitcoin tests the support of $68k after a rejection of $70k, leading the market into a series of 4 weeks of decline (News: Investing.com, CoinDesk).
Technical indicators (RSI 40-55) are in the neutral-bearish zone, indicating neither extreme oversold (imminent rebound) nor buying strength.
Macro-economic uncertainty (interest rates) and the lack of immediate bullish catalysts (major listing or confirmed favorable regulation for tomorrow) make it impossible to identify an opportunity with a success probability greater than 97%.
Stay tuned for any updates, have a nice day.
$BTC
#Xrp🔥🔥
Market in a correction phase ('Bearish') with strong risk aversion.
Bitcoin tests the support of $68k after a rejection of $70k, leading the market into a series of 4 weeks of decline (News: Investing.com, CoinDesk).
Technical indicators (RSI 40-55) are in the neutral-bearish zone, indicating neither extreme oversold (imminent rebound) nor buying strength.
Macro-economic uncertainty (interest rates) and the lack of immediate bullish catalysts (major listing or confirmed favorable regulation for tomorrow) make it impossible to identify an opportunity with a success probability greater than 97%.
Stay tuned for any updates, have a nice day.
$BTC
#Xrp🔥🔥