🔸️BTC🔸️
🔶️ The price of Bitcoin decreased during the trading session, but it rose by 0.62% over the past 24 hours. Key factors include technical resistance, macroeconomic pressures from the Japanese bond market, and mixed flows from exchange-traded funds.
🔸️Technical Resistance: Bearish signals from the MACD/RSI indicator and failure to break through the $90,000 level.
🔸️Counteracting Macroeconomic Factors: Rising yields on Japanese bonds, putting pressure on high-risk assets like Bitcoin.
🔸️Outflows from Exchange-Traded Funds: A $635 million outflow from Bitcoin exchange-traded funds over two days, indicating caution in the short term.
BTC
79,033.66
-5.90%