The crypto market tends to move sideways following adjustments to expectations for the benchmark interest rate (The Fed & Bank of Japan) as well as the release of inflation data.
The market is waiting for volume momentum to determine direction. A breakout above $65,000 will pave the way for recovery toward $67,000, while failing to hold $63,000 risks dragging Bitcoin $BTC k back to retest the lowest area at $57,800.
The market is waiting for volume momentum to determine direction. A breakout above $65,000 will pave the way for recovery toward $67,000, while failing to hold $63,000 risks dragging Bitcoin $BTC k back to retest the lowest area at $57,800.
