BTC Update

BTC, crypto and global markets give a good bounce in the last 24 hours after Biden's conference last night, as well as no more negative news from the Russia/Ukraine crisis. Must watch the crisis very closes as any news will affect BTC price. FED interest rate is another factor that can create speculation in the market. On chart we can see BTC broke the downtrend resistance and is now at a new resistance line at 39K and has a bullish MACD. ETH.D is up, BTC.D is down and MCAP is up, this is good sign as it shows more money is flowing into alts.

Trade the range, trade safely.