Hello,
Usually, important info / rumors appear in very sensitive places, which lead to a strong market reaction.
It was no different now in the case of BTC and rumors related to possible regulation in the US under Mnuchin.
From the mid-term perspective, an attempt to push Bitcoin to 15k cannot be ruled out, but it seems that this could be a buying opportunity.
Longs on a deeper dip around 14k and again around 12k
Stop below level 9950
Targets: 30k and 35k
Good luck
Usually, important info / rumors appear in very sensitive places, which lead to a strong market reaction.
It was no different now in the case of BTC and rumors related to possible regulation in the US under Mnuchin.
From the mid-term perspective, an attempt to push Bitcoin to 15k cannot be ruled out, but it seems that this could be a buying opportunity.
Longs on a deeper dip around 14k and again around 12k
Stop below level 9950
Targets: 30k and 35k
Good luck