Bitcoin Awaiting Fresh Directional Drivers
From tickmill.com
Bitcoin prices continue to hold below the $100k mark as we move through the middle of the week. The recovery off the 91,745 level has run out of steam for now with the market seemingly awaiting fresh directional drivers. A weaker US Dollar has certainly helped Bitcoin bulls, helping bolster cross-market risk-appetite. However, Trump’s trade war with China still poses a big risk and with gold prices soaring, it seems that traders are happy to book gains elsewhere for now. There has been a shortage of crypto-centric news from Trump this week which has taken Bitcoin out of the spotlight. The risk is that if Trump fails ...
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