Technical Analysis:
BITCOIN gave a MSS on 4H time to the downside and we might see price dipping towards 65000-64800. If price starts recovering from here we can plan for short term buy with the MSS on the 15-5min tf.
Fundamentals:
US Senator Cynthia Lummis reiterated her proposal for a Bitcoin reserve to assist in reducing the US national debt. It came after the Treasury Department revealed Monday that the US gross national debt for the first time.
This dramatic increase starkly contrasts a debt level of $907b four decades ago.
“A strategic Bitcoin reserve could stop this runaway train and help pay down the national debt for our future generations,” Lummis said Tuesday on X.
Today, the national debt has passed a staggering $35 trillion. A strategic Bitcoin reserve could stop this runaway train and help pay down the national debt for our future generations.
Disclaimer: Trading carries risk. Practice effective risk management and consider your risk tolerance before trading.
