BTCUSD analysis for 08.02.2024
Time Zone: GMT +2Time Frame: 4 Hours (H4)Fundamental Analysis:The BTCUSD pair represents the exchange rate between Bitcoin (BTC) and the US Dollar (USD). Factors affecting this pair include technological advancements in the Bitcoin network, regulatory news impacting the cryptocurrency space, and overall economic conditions that influence the strength of the US Dollar. The market sentiment can be swayed by Bitcoin's network developments, particularly scaling solutions and security updates, as well...