Bitcoin caught a huge lift, after ranging between 38K and 40K. This perhaps was driven by news that Santander is launching loans backed by tokenized commodities such as grains and soy. This is a significant development for crypto, and is bigger than the "Bitcoin ETF", which is currently pegged to Bitcoin futures prices, not a basket of crypto holdings, at least in the US. It has held current prices despite possible risk from news that Biden is to sign an executive order studying current Federal crypto policies. We are currently testing 42K, but the Kovach OBV has turned up notably. If momentum continues then the next targets are 43.1K then 43.8K. If we retrace, we could reestablish the previous trading range between 38K and 40K.
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.