BTC broke short-term bullish support, which now flips into resistance at around $23674.40-$23855.15. Only by breaking it up for 24 hours could the bulls retain its momentum.
Monitor every key support, the first one in particular. If the first one is broken, there’s a large room to slide.
Several Fed officers signal a 75bp interest hike in September. The market is again under pressure.
The market expected interest rate hike: +50bp (60.5%); +75bp (39.5%)
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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.