If you have not been following what the Fed and the USA Government been doing the last couple of weeks in the wake of the whole World Economy shut down.

I think in the next coming days once we arrive at a closer date for the next round of Bailout (Stimulus)

Bitcoin price broke out from a tightening range to rally above $9,500 but will it hold above the crucial resistance level?

Crypto market weekly price chart. Source: Coin360

Bitcoin Price Rises to $9,500 as $2 Trillion Fed Stimulus Expected

Earlier today Cointelegraph reported

*the Office of the Comptroller of the Currency (OCC) has given permission to allow federally chartered U.S. banks to provide clients with crypto custody services.

This to be a positive step forward I mean hell a very positive step for Crypto, it is much easier now to store or will be easier now to store your crypto it also removes some of the workaround or unmodern ways involved in acquiring and storing cryptocurrency, meaning, crypto investors will eventually be able to hold their digital assets in the same bank where they keep their checking, savings, and brokerage accounts.

“The Fed continues to set the stage for Bitcoin’s bull run.”

Bitcoin daily price chart. Source: Coin360
Above is a real statement with more people stuck at home and wanting to grow their wealth Stocks and crypto will be a place to store value even more so.