฿ Bitcoin BTC/USD New Fundamental report and daily Video, August 31, 2023

Sive Morten

Special Consultant to the FPA
Good morning,

First is, we're happy to present our NEW BTC Fundamental Report. There we consider the hype around ETF topic and also take a look at fundamentals and explain why we have bearish view on BTC market.

BTC has got unexpected upside impulse from Greyscale vs SEC dispute, but we think its temporal as it have pure speculative nature. And we consider current resistance level as suitable for short entry with the same 24.7K daily target: