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Can BTC Rebound as Rising Yields Pressure Risk Appetite?
And quite frankly, we are in a situation where traders just don't really know what to do. I do think that the inflow will continue eventually, but this is a market that is stuck. Everybody is waiting to see what the Americans and the Iranians are going to do because it has such a major influence on everything else as far as energy prices. And until this nonsense is concluded, it's going to be difficult to make any real financial decisions, and that's going to be especially true when you're talking about Bitcoin because it's so far out on the risk appetite spectrum that it's very difficult to imagine the FOMO coming ... (full story)