Bitcoin Price Analysis: BTC Rejected Sharply, Still In Anticipation of a Breakout Soon

Bitcoin Price Analysis: BTC Rejected Sharply, Still In Anticipation of a Breakout Soon

“Bitcoin is down by a sharp 3% over the past 24 hours. The cryptocurrency bounced from $31,185 (downside 1.618 Fib Extension) last week but failed to overcome resistance at $40,765 (bearish .382 Fib & 200-day MA). From there, BTC headed lower into the weekend but sustained support at $34,760 after spiking as low as $33,520.”

Source: CryptoPotato

US Authorities Investigate Binance for Insider Trading and Market Manipulation: Report

“Binance’s troubles with regulators grow as U.S. authorities are now reportedly investigating the exchange for possible insider trading and market manipulation. The investigation involves the Commodity Futures Trading Commission (CFTC). The Justice Department (DOJ) and the Internal Revenue Service (IRS) have also been investigating Binance on a separate issue. Binance

After Targeting BlockFi, State Regulators Now Set Their Eyes On Celsius

“Earlier this year, crypto lending platform BlockFi started facing the heat from state regulators in New Jersey, Texas, and Alabama. Other states have joined the fold since then, as well. Celsius this week is now facing similar cease and desist demands from all three of the same states that BlockFi