#Bitcoin tried multiple times to go above the resistance of the $39,400 area but was unable to give a candle close above it. #BTC is taking support at $38,200 and needs to hold this level otherwise we see more dump. A candle close above $39,400 will open gates for $41,000 levels.
TDS charge on every spot trade will drain liquidity from Indian exchanges, as it will also force traders to move to international exchanges and dex. This will also result in lower GST collection. TDS on CEX should be exempted.
#reducecryptotax#reducecryptotaxDay16
#Bitcoin did a fakeout above the #resistance area and is now back below it. The #support level remains the same. #BTC needs to break and hold above the resistance to get #bullish. We may see a test of the support area before the next leg up.
💥BREAKING: New York's 'Five Star Bank' will allow customers to buy/sell & HODL #Bitcoin through their internet bank accounts in a partnership with NYDIG!
Another bank bends the knee! 😎