Technical: the price currently respects the medium-term trend, marking a consolidated bullish channel, additionally, the short-term moving average does not validate the weakening of the momentum and marks a possible continuation of the trend after a period of consolidation above US $ 52,000.
Performing the validation through the MACD and Stochastic RSI indicators, the upward trend is supported and shows clear signs of continuity in the momentum in the medium-short term.
Fundamental: the transactional volume of Bitcoin in conjunction with the holding company, the adaptation and trust that banks have given to crypto assets is a positive factor in terms of valuation.
However, the increase in the rates of the US Treasury bonds due to the approval of the fiscal stimulus and uncertainty due to the weakness of the economy is a risk factor to review due to possible capital flight and decreased risk appetite for share of investors
Performing the validation through the MACD and Stochastic RSI indicators, the upward trend is supported and shows clear signs of continuity in the momentum in the medium-short term.
Fundamental: the transactional volume of Bitcoin in conjunction with the holding company, the adaptation and trust that banks have given to crypto assets is a positive factor in terms of valuation.
However, the increase in the rates of the US Treasury bonds due to the approval of the fiscal stimulus and uncertainty due to the weakness of the economy is a risk factor to review due to possible capital flight and decreased risk appetite for share of investors