As of yesterday, the US Congress approved Bitcoin ( BTC) initially moved up, the subsequent decline frightened investors and the market.
Starting around the evening hours on September 27 USA congress , especially in the cryptocurrency market, they are confused. BTC, which made an attack just a few minutes before the speech started, reached $ 26,850. However, after the start of the congress, the atmosphere in the environment became tense and SECPresident Gary Gensler cornered, It made the decline in BTC inevitable. The leader of cryptocurrencies, which crashed from $ 26,850 to $ 26,125, has not been able to chart its course yet.
Volatility in Bitcoin (BTC) increased as Gary Gensler spoke!
When Gary Gensler, one of the main factors that shook the congress, could not adequately answer the questions put to him, the decline in BTC was directly evident. The pioneer of cryptocurrencies, which was already in the resistance area before the speech, dropped a needle to $ 26,125, which was rejected at $ 26,850.
Currently trading at $26,415, BTC will target $27,151 – $27,466 and $28,120 respectively if it clears the $26,808 – $26,947 range. Continuation of Fud news in the market or staying below $26,400 will further strengthen the sellers’ hand. In such a situation, relaxations up to 26,034 – 25,638 – 25,300 and 25,009 dollars may be possible, respectively.
