From a structural perspective | 3iQ receives in-principle approval for a Category 4 license from Abu Dhabi’s ADGM
Short-term moves follow sentiment; larger moves follow trends. This news is more likely to affect the short term. Next, watch whether the coin price holds above the day’s low after the news broke.
Despite the positive news, I’m more interested in how strong the buying support is on a pullback.
$BTC Current price: 83872.01, up 0.98% for the day; intraday range: 82975.37–84290.