Bitcoin Looks Resilient After 2 Blows, The On-Chain Data Disagrees
Bitcoin (BTC) faced two blows in 48 hours: a Fed rate hike and a failed Senate vote. Its price held. A key level did not. Glassnode had set the week’s test in advance. A second daily close below the True Market Mean would turn a slip into a break. Wednesday delivered it. The News Landed The post Bitcoin Looks Resilient After 2 Blows, The On-Chain Data Disagrees appeared first on BeInCrypto.
Key Takeaways
- Bitcoin (BTC) faced two blows in 48 hours: a Fed rate hike and a failed Senate vote.
- Glassnode had set the week’s test in advance.
- A second daily close below the True Market Mean would turn a slip into a break.
Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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