BTCUSD US Federal & 4H (Pivot Price: 27293)

BTCUSD

US Federal
The Federal Reserve this month stepped up scrutiny of banks' involvement in cryptocurrency assets, in the latest move by US regulators to curb activity in the US crypto industry.

The US Federal Reserve said that it has put in place a program to strengthen oversight of the activities of the banks it supervises, which are engaged in providing services related to digital assets and the crypto industry.
stabilizing above 27293 will support rising to touch 28287 then 29064 then 29840

stabilizing under 27293 will support falling to touch 26003 the 24694

Pivot Price: 27293
Resistance prices: 28287 & 29064 & 29840
Support prices: 26003 & 24694 & 23324

timeframe: 4H

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Comment:

In the afternoon we talked about the fact that BITCOIN is starting to descend and has reached our goal.

If it stays below 25,911, you will still go down to see other targets.

thank you

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