Why You Should Be Wary Of The Bitcoin Rally With BTC At $22,000
Bitcoin has been slowing down on its bullish momentum after crossing the barrier at $22,000 and $23,000. The cryptocurrency still holds some of its gains from last week but might be poised for a re-test of lower levels. At the time of writing, BTC’s price trades at $22,900 with a 2% loss in the last 24 hours and an 8% profit over the past week. This Bitcoin Bear Market Might Not Be Like 2020 Crypto market participants seem to be in pursuit of a quick and persistent uptrend, like the one seen in 2020. At that time, BTC’s price drop to a low of $3,000 and then began an ascend to its current....
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Bitcoin has seen a strong push higher today that allowed its price to break above the key $19,000 level that has been so pivotal for its price action This rally came about after a period of weakness that caused the crypto to plunge as low as $17,600 The selling pressure seen around its current price […]
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While MMT may be the de facto policy of rich Western governments, applying it to developing economies could be disastrous.