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US Senator supports adding bitcoin to retirement portfolio

2022-06-09
1322
Fundamental analysis:

Bitcoin remained volatile around 30176. According to bitcoin magazine, U.S. Senator Cynthia Lummis said that it was a wonderful idea to include bitcoin in the retirement portfolio.


Bitcoin btcusdt - 4-hour K-line diagram display:




Technical comments: maintain the narrow consolidation and translation for a long time, the Bollinger belt index shows a closing trend, the weak translation is medium, and continue to maintain the narrow consolidation trend in the short term. The MACD index is weak around the 0 axis, and the RSI index is in the narrow consolidation near the 50 equilibrium line;


Long short turning point: 30857


Pressing position: 31779, 32836


Support position: 29194, 28455


Trading strategy: 30857 down bearish, target 29194, 28455


Alternative strategy: bullish above 30857, target 31779, 32836


The above analysis is a personal point of view and is for reference only.

The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.

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