Bitcoin update: Downtrend line ahead
Bitcoin has been performing well in recent days and has already broken through some important moving averages. We still face a downward trend line (DTL) to break, but I believe the chances of that happening are high.
In the macroeconomic landscape, Bitcoin is reacting well to the downturn in the American market. There are also threats of a U.S. government shutdown, and the last time this happened, in 2018, Bitcoin had a positive reaction.
For these reasons, I decided to initiate a trend purchase. If the price breaks the DTL and continues to rise, I plan to buy more.
Price: 26,900
Volume: 33%
In the macroeconomic landscape, Bitcoin is reacting well to the downturn in the American market. There are also threats of a U.S. government shutdown, and the last time this happened, in 2018, Bitcoin had a positive reaction.
For these reasons, I decided to initiate a trend purchase. If the price breaks the DTL and continues to rise, I plan to buy more.
Price: 26,900
Volume: 33%
Telegram group: t.me/heavensignals
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