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Bitcoin Price Forecast: BTC Holds Above $64K as Saylor Rejects BIP-110 and Bulls Eye $65.4K Breakout

From fxleaders.com

Bitcoin began the new week trading just below $64,000, staying above an important level of support despite increasing global market volatility. Although the long-term outlook remains positive due to increasing institution use and ETF demand, Increasing Treasury yields, a stronger dollar, and renewed geopolitical tensions are keeping upside constraints. Bitcoin, unlike gold, is responding to volatility in a macro driven fashion, and is more susceptible to liquidity conditions and flows of institutional capital and interest rates, as opposed to news of global tensions. Michael Saylor Rejects BIP-110 One of the main ... (full story)

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  • Category: Fundamental Analysis