Yesterday(9/17 00:00 - 24:00, UTC+0), bitcoin price recorded its starting as $19789, its lowest as $19740, its highest as $20165, its closing as $20110. Bitcoin rose above $20k within an hour of starting on Saturday, then fell again, hitting a low at 12:15, then rising again, reaching a high at 16:15, and then falling and rising to close 1.6% up.
Looking at the 4hr chart, Bitcoin, which fell below the box range the day before, has moved back to the top of the box, and it is fortunate that it did not break $19k. On the daily chart, it has moved sideways for 4 days in a row, and considering the recent similar movements, it tends to go sideways for about a week or more.
The US White House recently announced that it will ensure that American values and standards are adopted in setting standards for the digital asset market. Through this, they say that they will spread their own values as a global leader and strengthen financial competitiveness. If the US, which has an absolute position based on dollar hegemony in the macro market, leads the digital asset market, the competitiveness of the crypto market is highly likely to decrease.
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