'Digital Gold' Bitcoin, along with Gold, Rejects Asset Market Trends

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BTC, Rebounding with Gold amid Global Asset Market Decline
BTC Defends $88,000... Altcoins Weak during Trading
Arthur Hayes: "BTC Will Gain Strength due to Dollar Weakness"


The US Treasury's bond collection is repurchasing bonds that were the circulated to increase market liquidity. Generally, the US Treasury's is interpreted as increasing market circulation and leads to dollar value decline.

◇Ascending Coins = At 4 PM on the 22nd on Upbit, the cryptocurrency with the largest increase was ThunderCoreN), rising about 12% from 24 br ThunderCore (TT) is) started with the as a like Ethereum, solving Ethereum's scalability issues while being compatible with Ethereum Virtual Machine (EVM), primarily attracting game-relatedApp.

◇Fear and Greed Index = The digital asset Fear-Greed Index provided by Alternative is at 47 points, entering the 'Neutral' stage. The neutral stage is a section where market participants' psychological resistance and support appear, indicating important decision-for future price movements.

The Relative Strength Index (RSI) provided by Sigis 69.6, recording a 'neutral' state. RSRSI measures the relative strength between price rise and fall pressures for a specific asset and indicates the asset's overbought and oversold scale.

ReporterUng-Kwon ksw@blockstreet.co.kr

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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