BTC/USD Fails to Reclaim $40K as Bitcoin Risks Decline below $37K - BitcoinEthereumNews.com
बीटीसी / यूएसडी - दैनिक चार्ट Today, Bitcoin‘s (BTC) price is making an upward correction after breaking below the previous break level of $39,000. The upward correction is facing resistance at the $39,000 resistance zone. On the upside, Bitcoin will be able to reclaim the $40,000 psychological price level, if price breaks the $39,000 resistance zone. However, BTC’s price is hanging above the $38,000 support as Bitcoin faces rejection from the recent high. Nonetheless, if Bitcoin fails to rebound, it may face resistance at the 21-day line moving average. BTC/USD will fall and retrace to the previous low at $37,000. If Bitcoin loses the $37,000 support, it may decline to the low of 32,000. El Salvador to Offer Citizenship to Foreign Investors President Nayib Bukele intends to offer citizenship to those who invest in the small Central American nation. In addition, Bukele wants the removal of red tape, reducing bureaucracy, creating tax incentives to foreigners wanting to invest in the nation. These proposals are included in the list of 52 legal reforms that are being sent to congress. The president wants to make El Salvador one of the most freedom-centric countries. This is because the world is falling into “Tyrany”. BTC / USD -