$BTC bugün 70.800 dollars around consolidation. Key resistance is $71,000; between $68,500 and $69,000 there is strong support.
On the macro side: Yesterday, ETFs saw a net outflow of $66.6M, but the U.S. dollar index fell to 99.2 and the 10-year U.S. Treasury yield dropped to 4.03%.
Technically, the daily MACD is giving a slight golden cross signal, but volume is insufficient.
$69,000 is a critical level. If there is a strong breakout above $71,500, the target could be $73,500. This is my personal opinion and not investment advice.
#TechnicalAnalysis #TradingStrategy
On the macro side: Yesterday, ETFs saw a net outflow of $66.6M, but the U.S. dollar index fell to 99.2 and the 10-year U.S. Treasury yield dropped to 4.03%.
Technically, the daily MACD is giving a slight golden cross signal, but volume is insufficient.
$69,000 is a critical level. If there is a strong breakout above $71,500, the target could be $73,500. This is my personal opinion and not investment advice.
#TechnicalAnalysis #TradingStrategy