Bitcoin waits trying to figure out what Joe Biden is thinking

Bitcoin waits trying to figure out what Joe Biden is thinking

The sales, which started yesterday afternoon in the crypto money market, continued in the Asian session, and when we look at the price of Bitcoin this morning, we see that the transactions passed at $ 32,600 with 3 percent sales. While the reason for the sales was shown yesterday as Trump’s characterization of BTC as a scam, statements from Biden are also expected at the G7 Leaders Summit, which Biden will attend on June 11-13. With the stress created by this situation, BTC daily transaction rates are at the lowest level in two years.

When we consider the BTC/USDT parity technically, the BUY signal from DEMA in the last week has turned into SELL. We can say that this strategy, which came from 36 thousand, stopped in the 33 thousand region. However, the reactions after the Asian session should be evaluated. While 34,100 and 35,400 $ levels are our important resistances, 37 thousand can be expected to be tested if it breaks.

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