Will BTC continue to stay within the range?
BTC entered last week continuing its strength from the week before.
It was bid up throughout the day, breaking $27,000 in the process and getting to as high as $27,400.
The move was driven mostly by leveraged accounts.
However, as it was consolidating below that level and the hearing on Binance vs SEC lawsuit started, the news hit the wires about SEC seeing an urgent need to inspect Binance.US.
That caused a knee-jerk reaction to the downside, squeezing weak longs and retracing a big part of
Sep 26, 2023