Bitcoin (BTC/USD) Analysis
Bitcoin jumps more than $3,000, markets eye Fed Chairman’s speech for direction
Key Highlights
Bitcoin traded higher for the third consecutive day and jumped more than $3,000. Markets are eyeing the US Fed Chairman Powell’s speech for further direction.
Technical Analysis
Intraday trend – Neutral
On the daily chart, the pair is trading below Tenken-Sen ($40,383), Kijun-sen ($43,390), and Ichimoku Kumo cloud ($40,087). BTC/USD hit an intraday high of $41,995 and is…
Source link
