Can Positive News Move The Market? Bitcoin In Paraguay

Here we are looking at the daily timeframe for BTCUSD (Bitcoin).

The grey line on the chart stands for EMA300.
This is a strong level.

  • Below this level we can see lower prices (red arrow)...
  • Above this level we move straight up.

Even if prices drop, we are still bullish, within a recent higher low.

Paraguay Comes To The Rescue

Following the steps of now one of our favorite presidents in the world, the National Deputy of Paraguay has announced intentions of legalizing Bitcoin next month...

See it below:

This is Paraguay
July we legislate! #Bitcoin

This is a another bullish signal...
Patience is key... But many countries are patient no more... They want Bitcoin Now!

What's your take?
We keep the same target at $46K

Leave us comment...


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