Feeling bearish? Bitcoin hodlers have plenty to be nervous about this week.
As such, the advice from analysts when it comes to short-term Bitcoin price action is practically unanimous as the week begins: be careful.
Then, as with some previous piercings of the 100 WMA, BTC/USD then went on to test the 200 WMA as support. For popular Twitter account Bitcoin Back, the implications this time around are thus obvious.in part of his latest update. Stocks are particularly problematic in this respect, as crypto’s ongoing correlation to those indexes makes for a grim ride for investors.
Inflation, already at its highest in the U.S. since the early 1980s, is tipped only to get worse thanks to the fallout from trade disruption and sanctions on Russia.
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