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Bitcoin Price Analysis: The War For $5,000 Continues, What Will Come First – $4K or $6K?
Following the coronavirus health crisis, the global stock markets collapsing one after another. Despite the Fed’s emergency steps, the markets continue to tumble. The EU markets are recording over 10% declines, while Wall Street is reaching the low level of December 2018. 13-Month ROI had demolished in 30 days. Bitcoin is not left behind. After the Fed’s decision yesterday, Bitcoin responded with a quick surge of 14%. However, the party didn’t last long – Just an hour after, when Wall Street futures opened in deep red, and Bitcoin returned to the $5300 range. Since then, Bitcoin’s price saw huge volatility. ... (full story)