On Tuesday, Bitcoin reached the new high at $68,498. 56.14% of bitcoin transactions used USDT. Grayscale CEO: Bitcoin ETF "has become a political issue." Austria plans to impose a tax of 27.5% on digital currencies. Russia: Cryptocurrency will bring risks to financial stability.
From a technical perspective, the daily graph closed by 4 consecutives bullish candles. In early trading, Bitcoin fell under the upper BOLL band. The indicator showed bullish sign. On H4 graph, bitcoin was under pressure. MA5 and MA10 converges and RSI slightly weakened. Overall, prioritise Buy. The chart below is showing the key point and the estimated trend, the deciding point whether to buy or sell is near 65000.
Resistance：67700-68500-70000
Support：66200-65000-63000
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