Bitcoin

Bitcoin



Technically: locally BTC in the downward channel . There is solid support near the lower boundary. I expect a rebound to the middle line of the channel. There is a strong resistance around 38.2% Fibonacci levels.

Fundamental News:
1. Biden's announcement of a new stimulus package of $3 trillion, respectively, a little of these funds should go to a non-inflationary instrument - Bitcoin .
2. Elon Musk with Tesla cars for Bitcoin .
3. Acceptance of Bitcoin all over the world by big players. This correction only plays into their hands for accumulating more volume .

Best regards EXCAVO

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