Bitcoin outlook improves with risk appetite
From forex.com
The Bitcoin outlook is starting to look more constructive as the market stabilizes following weeks of broader financial volatility. Despite surging prices of crude oil, and turbulence in equity and FX markets, Bitcoin has held relatively firm since the US-Isreal-Iran war started at the end of February. The cryptocurrency fell here and there, but essentially held its own rather well, forming a base with a sequence of higher lows. That’s often an early sign that downside momentum is fading. More recent price action suggests a more decisive bullish breakout may now be on the cards. Risk appetite improves, dollar extends ...
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