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Bitcoin And German Government Bonds: Price Drop Ahead
The yield of German Government Bonds is heading up, whereas their price is going down. The yield of this asset was 2.578% at the end of last trading week. Although it might head up and reach 3.0% soon. At the same time, the asset’s price might significantly drop. So, let’s observe what might happen next. chart The price of the British pound rebounded from the supporting level of 1.2320 and reversed. The price of this asset might potentially target the resistance level of 1.2810, rebound from it, and drop. As of now, the asset’s price is moving within a large range. Time will tell whether this scenario might ... (full story)