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Bitcoin’s eyes are 78,000 dollars, BTC Retest, as I was seen delaying the reserve


Bitcoin (BTCIt fell from more than $ 90,000 on March 5, Wall Street, open amid mixed signals on the American strategic reserve.

BTC/USD 1 hour graph. Source: CointeleGRAPH/TradingView

Senator: The American Bitcoin reserve lacks support

Data from Cointelegraph Markets Pro and Tradingvief Whipsaw BTC price procedures as part of the wider asset fluctuations of risk.

The geopolitical events maintained a strong grip on the market performance, with shares and entertainment sensitive to developments American commercial definitions And reserve.

It seems that the latter got the green light early in the day, as US Trade Minister Howard Lootnik implicitly would be announced that a separate storage of bitcoin will be announced only at the top of the White House encryption on March 7.

After that, Senator Sinator Centum Lomes, author of Bitcoin’s budget budget since 2024, approved that there has been a shortage of Congress support for the idea.

“Supporters may need to put a pin for a short period in the strategic Bitcoin reserve because we have not yet there,” with Tim Scott, head of the banking committee in the House of Representatives, Quoted By major media.

Lomes was talking at the Bitcoin investor day event in New York.

However, commentators in the encryption market sought to maintain optimism about the concept, indicating that it was the issue of “no” if, but “when. “

“We will get a strategic bitcoin reserve. There are many smart people around the table for the United States to meet this,” the founder of professional capital management Anthony Boxbrano, known as “POMP”, Argue In a post on X.

like Cointelegraph mentionedHe argued with various main industry numbers on Bitcoin reserves only to be a priority for the US government during the era of President Donald Trump.

Bitcoin Bulls “at borrowing time”

To summarize the current trading environment, the famous trader Jelle hoped to resume the upper momentum after a preliminary sale at the beginning of the American trading session.

Related to: Bitcoin price is called 2020 Bull Run says 69 thousand dollars new bottom

Yesterday – the markets began to pay about two hours after opening them. Let’s see, “it is books In part of the x.

Rekt Capital analyst expressed his hope that March 4 will decrease to 82,000 dollars to a “higher decrease” and form a basis for continuous recovery.

source: Rick Capital

Zoom, and others were inconsistent. Although the BTC/USD was probably in a match with 15 weeks of $ 78,000, his teammate, merchant Justin Bennett, warned.

“I still think we see a low sweep of $ 78,260, especially after rejection of a monthly resistance of $ 92,000,” He said X followers a day.

“Bulls in borrowed time.”

BTC/USDT 1 Day of the graph. Source: Justin Bennett/S

This article does not contain investment advice or recommendations. Each step includes investment and risk trading, and readers must conduct their own research when making a decision.