Federal Reserve: Sends Crypto Rules Message
Federal Reserve Chair delivers bold message on crypto rules as Bitcoin hits $65005.99 amid Clarity Act countdown and AI investor focus.
SourceAnalysis
Federal Reserve Chair delivered a direct message to crypto and AI investors while Bitcoin and Ethereum rallied on fresh CPI data, with just 24 days left to pass the Clarity Act.
Price action on the 4h chart shows BTC at $65005.99 inside the Bollinger Bands, testing upper resistance at $65288.43 while EMA50 support sits at $63287.59 and EMA200 at $63729.5; MACD golden cross at 141.86 keeps the bullish structure intact and RSI at 65.59 leaves room before overbought conditions force a retracement to the 50-EMA.
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