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Cryptocurrency News

Wen moon? Probably not soon: Why Bitcoin traders should make friends with the trend

08/25/2022

Less than a minute

2022.08.25 23:26

The impact of Federal Reserve policy and Bitcoin’s higher timeframe market structure suggest that BTC price is not yet ready for a trend reversal.

Bitcoin (BTC) price continues to chop below the $22,000 level and the wider narrative among traders and the mainstream media suggests that a risk-off sentiment is a dominant perspective ahead of this week’s Jackson Hole summit.

Source

08/25/2022

Less than a minute