(12/14, Wed) btc rose 3.4% due to the inflation figures announcement

in #btc2 years ago (edited)

Yesterday(12/13 00:00 - 24:00, UTC+0), bitcoin price recorded its starting as $17198, its lowest as $17073, its highest as $18190, its closing as $17774. Bitcoin moved sideways after the start of Tuesday, then fell slightly, reaching a low at 07:15, rising one step further from 09:45, then rising once more from 13:15, reaching a high above $18k at 13:30, and then being corrected to end 3.4% up.

Looking at the 4hr chart, it once rose above $18k with increasing trading volume, and it seems to have risen one step further with the announcement of inflation figures in November. On the daily chart, it rose one more step with higher than the recent trading volume, and the next move will be determined by the FOMC results tomorrow.

There is news in the crypto industry, it is said that a criminal indictment filed by the US Attorney General against former CEO of FTX was released, and it said that eight criminal charges were brought against him. It seems that the same can be applied to the CEO of Binance, and the another news that more than $2 billion was withdrawn from Binance in the last 24 hours does not seem unrelated to this news.

Sort:  

Upvoted! Thank you for supporting witness @jswit.