Bitcoin

BTCUSD IDEA

257
This is noteworthy because it eases the immediate selling pressure on BTC.
China officially unveiled a fiscal stimulus package aimed at revitalizing the economy. The package is aimed at low-income households, as well as supporting real estate markets and replenishing the capital of state-owned banks.
Mt. Gox moved its debt maturity date to October 31, 2025. Previously, this deadline was set to expire on October 31, 2024. According to the official notification
Resistance levels: 63400, 64784
Support levels: 61320, 59000, 57633
The price is testing the resistance zone as part of the rally. There is no accumulation or technical potential to overcome this area for further growth. Within the bearish trend, the buyer does not show dominant signs and with high probability it will be stopped in the key zone. A reversal and decline to the lower zone of the sideways range is possible...

Penafian

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