A quick comparison with projects in the same sector can show whether this is an isolated move or part of a broader market trend.
For example: CFTC pushes back against lawsuit over CME perpetual contracts, saying it failed to prove actual harm; $BTC is down 0.4% intraday.
This is a bearish signal. Keep an eye on the support below—if it breaks, the price could fall further.
For example: CFTC pushes back against lawsuit over CME perpetual contracts, saying it failed to prove actual harm; $BTC is down 0.4% intraday.
This is a bearish signal. Keep an eye on the support below—if it breaks, the price could fall further.