Bitcoin forecast: Can the Breakout Hold?
From forex.com
There’s a distinctly uneasy tone running through global markets at present, and much of it stems from developments in the energy complex. Oil continues to march higher, with Brent prices pushing beyond the psychologically important $100-per-barrel mark. Ongoing tensions surrounding the Strait of Hormuz — and the lack of progress in talks between the United States and Iran — have only added fuel to the fire. Bitcoin has been stuck between a rock and a hard place, but it must now decide which way it wants to go. The oil market volatility matters for Bitcoin, although probably not as much as European stocks. Still, ...
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