Bitcoin broke from the trendline which was holding it at 27,000. The next possible long set up is at 26,100 - 26,000, which is the Fibonacci golden pocket and psychological support number. According to our personal view, it is not ideal to go long Bitcoin right now, if at this point it does a relief bounce, 27,200 - 27,000 is an ideal area to short where the price retests the previous supply area and also the previous bullish trendline.
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Ukraine to regulate crypto with FATF requirements
NEWS
Yulia Parkhomenko, Director of the Virtual Assets Department at the Ministry of Digital Transformation of Ukraine, said in a Facebook post on Dec. 11, 2023, that the country will implement crypto standards developed by the Financial Action Task Force (FATF) in order to comply with international standards.
Parkhomenko explained that financial monitoring is essential to combating terrorism and money laundering, noting that Ukraine is risking being placed on FATF’s grey list should the country fail to comply with international rules.
“If