Q: Capital B posted a net loss of €69.5 million, with 90% stemming from impairments on its crypto holdings. What impact could this have on price action?
A: It’s a bearish signal. Watch the support below; if it breaks, prices could fall further. Shorter timeframes follow sentiment, while longer-term charts follow the trend. This news is more likely to affect the shorter timeframes.
$BTC , 24h +0.53%.
A: It’s a bearish signal. Watch the support below; if it breaks, prices could fall further. Shorter timeframes follow sentiment, while longer-term charts follow the trend. This news is more likely to affect the shorter timeframes.
$BTC , 24h +0.53%.