I'll use the low before the news came out as the dividing line: holding it suggests strength; falling below it suggests weakness.
In this case, Bitcoin has fallen below $70,000.
Wait for the price to retest the range from before the news came out. Only if it holds will that show this level is having an effect.
$BTC is currently trading at 69,302.44, down 6.13% over 24h.
In this case, Bitcoin has fallen below $70,000.
Wait for the price to retest the range from before the news came out. Only if it holds will that show this level is having an effect.
$BTC is currently trading at 69,302.44, down 6.13% over 24h.
