Mixed Trading Signals For BTC, Terra and Ethereum DeFi Undervalued, Ether Supply In Smart Contracts

JUN 09, 2021 • 3 Min Read

Ashwath Balakrishnan + 1 other

Disclosure: Members of our team may own positions in assets mentioned in this report. This statement

Market Update

BTC and the wider crypto market went through a relief open during Asia hours. This is happening on the back of El Salvadore passing the bill that makes BTC legal tender in Central American country. At the moment, technical indicators are giving mixed signals with a bullish divergence forming on the daily while BTC defends its H&S neckline. On the other hand, ETH supply in smart contracts makes new highs.

Bitcoin Defending H&S Neckline Support

Yeste

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Ashwath Balakrishnan + 1 other

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