BTC plunged below $26,000 near the end of last week, following a series of events by the US Securities and Exchange Commission (SEC) targeting exchanges Binance and Coinbase, accompanied by policy hearings. deflation of the Central Bank of the United States.
Investors will keep an eye on the Consumer Price Index (CPI) release for May and the Federal Reserve's interest rate decision a day later.
Edward Moya, senior market analyst at Oanda, noted that ahead of the CPI report and the Fed decision, “Bitcoin has been forming for key support in the $25,400 region.”
BTCUSD BUY LIMIT 25900 - 26000 💯💯
✅𝖳𝖯1 26400
✅𝖳𝖯2 26800
✅TP3 27200
🛑𝖲𝖫 25400
