By Paul Spirgel — Sep 12 - 08:55 AM
BTC= up 0.5% to 57.8k in early NorAm, Thursday range 58.5k-57.1k
ECB's expected 25bp cut nFWN3KU0II holds little sway on BTC
Cryptos firm with risk, follow precious metals (supply concerns) higher
ETF flows Click here and c.bank shift to lower rates props up BTC
BTC res 58.5k Thurs high, 58.7k 50% Fib of 65k-52.5k, 60.8k the 55-DMA
Supt 57.1k Thurs low, 56.4k the 10-DMA, 55.4k Sept 11 low
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary