Bitcoin rose today on positive news about a slowdown in U.S. i | DEFI WORLD

Bitcoin rose today on positive news about a slowdown in U.S. inflation and then collapsed on unconfirmed news about the U.S. government selling a huge batch of VTCs.

In fact, the news is not the root cause of all crypto movements. They are brought up to justify another drop or rise. But the important thing here is something else: an obvious liquid zone of 26000-27000 has formed on the bitcoin chart. Exactly there is a large amount of stops on longs now. Further growth without taking out the longists is unlikely. And there is no doubt that for this fall there will also be some info-evidence.