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Bitcoin Forecast: Is Risk Appetite Fading?
Bitcoin has posted a six-session losing streak, with prices down nearly 8% in the short term. In this context, selling pressure has started to consolidate as rising market uncertainty has led to a decline in risk appetite. As Bitcoin is currently viewed as a risk asset, it has absorbed part of this weakness, and as long as demand continues to show signs of fragility, the current selling pressure could become even more relevant over the coming sessions. Growing market uncertainty, driven by escalating diplomatic and trade tensions between the United States and Europe, has created an unfavorable environment for risk ... (full story)
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