Quick Bitcoin and Crypto market Update
In yesterday's update, I clearly mentioned that if there is any positive news, BTC will break out of this triangle and move upward. Another side, if there is any bad news in the market, BTC will break down from the triangle and go downward. After the UAE news about eliminating value-added tax on all cryptocurrency and digital asset transfers, BTC broke out of the triangle and almost hit $64k.
Now, focus on today's US stock market opening. If the US stock market opens in the green and trades positively, we can expect BTC to break through $64k and continue upward. However, if the US market faces pressure, we might see some pressure on BTC as well.
