Bitcoin Chart

Here’s a little update on Bitcoin. Right now we are seeing it test the lower side trying to hold in the 19k- 20k range. If falls below these numbers will likely retest the lower 17k- 18k range. Market sentiment is still overall neutral with positives on the long - term prices of BTC, being “digital gold” against devaluation of dollar (USD) now currently 1:1 with the EUR. While negatives such as BTC miners in Texas shutting down with heat wave, inflation and overall economic issues with housing market prices finally dropping ( mortgage rate approx. 6.5% or higher now) could continue to push prices lower while people scramble for cash. Will continue to monitor conditions and update more this week!

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Texas Miners Are Being Given Incentive To Shut Down Operations