#cambodiacrypto
cambodiacrypto
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The price is stabilizing in this pattern for 66 days.
Currently, it’s testing the support level, and we could see a breakout on the daily chart.
If that happens, I’ll be looking at levels of $62,000, $61,000, $60,000, and below.
I still expect August to end with a bearish trend, and so far the price has only risen by 1%.
✅Bitcoin miners have been having a rough time lately—understandable, because Bitcoin has been ranging for 180d (6 months).
Typically, miner capitulation tends to mark lows.🟢
▶️BREAKING: 🇰🇭 Cambodia moves to regulate Bitcoin & crypto.
• Prime Minister ordered new working group.
• Co-led by Finance Ministry & Central Bank.
#CambodiaCrypto #BTC #Asia #MineríaDeBitcoin $BTC
The price is stabilizing in this pattern for 66 days.
Currently, it’s testing the support level, and we could see a breakout on the daily chart.
If that happens, I’ll be looking at levels of $62,000, $61,000, $60,000, and below.
I still expect August to end with a bearish trend, and so far the price has only risen by 1%.
✅Bitcoin miners have been having a rough time lately—understandable, because Bitcoin has been ranging for 180d (6 months).
Typically, miner capitulation tends to mark lows.🟢
▶️BREAKING: 🇰🇭 Cambodia moves to regulate Bitcoin & crypto.
• Prime Minister ordered new working group.
• Co-led by Finance Ministry & Central Bank.
#CambodiaCrypto #BTC #Asia #MineríaDeBitcoin $BTC
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