Factors Stack In Favor Of Bullish Bitcoin Fractal, Despite Latest Plunge

Factors Stack In Favor Of Bullish Bitcoin Fractal, Despite Latest Plunge

“Bitcoin price action is back in the low $30,000 range, after another failed attempt to reach $40,000 over the Father’s Day weekend. The effort from bulls is getting weaker and weaker, even now resulting in a “death cross” on daily timeframes. But could they be simply feigning weakness, ready to squeeze short traders and push”

Source: NewsBTC

Hedge or no hedge: investors’ debate over Bitcoin and gold continues

“As the American economy grapples with labor and supply shortages, the country’s central bank declared that “the risks of higher inflation have moved up.” And once again, the question of cryptocurrencies such as Bitcoin providing investors with a hedge against rising inflation is up for debate. Speaking at a recent