This is an update depending on the last trends for BTCUSDT.
We had before a breakdown trend - and exactly on the whale setup zone the changes did start - where whales could breakdown the trend more - did they choose for uptrend - that was the zone where it's was very important, there was a high chance before for breakdown trend - but trend whales did choice for other side, why?
This all depending Also on the Russian trends as the normally country currency of Russia did break down - was more hype on the BTC by Russian users - but the question is for how long will stay this, and is this a healthy increase that could stay for the long term?
Even with this increase, there is still not a confirmed zone for uptrend - as the dow jones is still not confirmed for the uptrend. also if Russia gets confirmed to use the way of crypto - can the EU and the USA make a reules on this. at this moment there is still nothing confirmed.
The price did increase with the known idea that Russia entering more crypto, but same time if this gets confirmed - the EU can handle this on bad effect.
we will check to come to time BTC - and if there are any new updates - we will share.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.