#BTC
Bitcoin continues to trade in the same trading range. Buyers failed to overcome the $ 63K resistance. The longer the price stays in the current range, the higher the chance of a correction. Yesterday's main news - the start of Bitcoin futures trading - did not particularly affect the market situation, since the event had already been incorporated into the BTC price.
Many were waiting for this breakout higher, the price pressed against the resistance, and the participants were actively gaining longs, which confirms the rapid growth of the funding rate. Therefore, in the next day, there is a chance to see a price rollback with the collection of short stops and liquidations of participants.
🇺🇸 # SP500 and #Nasdaq closed higher on Monday, led by technology and communications, while investors were optimistic about the quarterly reports of the largest companies. Apple Inc closed 1% higher after the company unveiled new Mac notebook computers with more powerful processors.
