🚀 Key news and the Clarity bill
I want to start with some great news regarding the Clarity bill. This document could significantly "free up" the crypto industry and ensure a strong influx of capital. The U.S. Senate has already reached certain agreements with banking systems regarding the yield on stablecoins. A direct dialogue is scheduled for March 25, so we await the results.
📉 Market analysis (Bitcoin and USDT.D)
Right now, we are focusing on two key charts: Bitcoin and USDT dominance.
• Bitcoin (BTC): We received a positive reaction from the main support level — $69,000. As long as the price remains above the $70,000 zone, the market situation looks good. To continue the confident growth, it is important for the weekly candle to close above this mark.
• USDT dominance (USDT.D): Here, a negative reaction is observed from the resistance level. For the crypto market, this is a positive signal indicating the readiness of capital to flow into assets.
🏦 Macroeconomic factors
Today, attention should be paid to the speech of Fed Chair Jerome Powell. His words will determine the further movement of global markets and the economy as a whole. As long as we are above $70k — everything looks 👌 $BTC $BNB
