BTCUSD: $25k is inevitable?
Lawmakers in the European Parliament have approved the world’s first comprehensive package of rules aimed at regulating the cryptocurrency industry. A step ahead of the U.S.
The demise of terraUSD caused a chain reaction in the industry, with various other firms, including Three Arrows Capital, BlockFi and Voyager Digital going bust as well. FTX, formerly the fourth-largest crypto exchange, filed for bankruptcy in November in the most high-profile crypto industry failure to date. The move puts the EU a step ahead of the U.S. and U.K., which are yet to bring in formal rules for the crypto space.
I see two ways price can go from here. Both through FWB:25K stop. Let's see how this plays out.
The demise of terraUSD caused a chain reaction in the industry, with various other firms, including Three Arrows Capital, BlockFi and Voyager Digital going bust as well. FTX, formerly the fourth-largest crypto exchange, filed for bankruptcy in November in the most high-profile crypto industry failure to date. The move puts the EU a step ahead of the U.S. and U.K., which are yet to bring in formal rules for the crypto space.
I see two ways price can go from here. Both through FWB:25K stop. Let's see how this plays out.
Note
Just a reminder, according to my analysis back in Apr 21 2023, this week 40k
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Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.