We got relief bounce as expect, everyone was betting on a double bottom last night. Looks like we had it. Sadly bulls need to show more strength, we are losing volumes. Key resistance 40536.66. We fell below ma200 and ma50 on the 8 hour timeframe. Some factors that will shake the price of BTC I believe, (1)Confirmation on Russia invasion on Ukraine (As of now, Russia has move it's troops into eastern Ukraine), and also (2)Biden preparing Executive Order on cryptocurrencies. Right now, what we are experiencing in the crypto space is unlike anything we had experience in the past.
Satoshi Nakamoto, please don't get caught!!! Stay in the shadows. (As E-gold was shut down years ago, before the evolution of BTC)
BTC 8H