Bitcoin Faces Pressure As Trade War Tensions Rise – Is A Bigger Drawdown Coming?
Bitcoin faced a massive selling event yesterday as U.S. trade war fears triggered a sharp market-wide decline. The uncertainty surrounding global economic conditions caused panic selling, driving BTC and many altcoins significantly lower. Investors are on edge as the market attempts to find stability after one of the most volatile sessions of the year. Related […]
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Bitcoin is once again at a pivotal moment as it trades below key moving averages, signaling mounting selling pressure and a market weighed down by growing uncertainty. The ongoing tensions between the United States and China continue to escalate, with a full-scale trade war now likely to persist through the coming months. These macroeconomic headwinds […]
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Time's up for low volatility in the coming days, Decentrader believes, with Bitcoin due to present a more decisive trajectory. Bitcoin (BTC) is set for a “bigger move” as soon as next week, fresh analysis says as volatility faces a breakout situation.In its latest market update, trading suite Decentrader told readers that the time would soon come to “pull the trigger” with liquidity as BTC price action goes up or down.Analyst on BTC: "The bigger move is coming"Bitcoin has been making lower highs and higher lows throughout this week as a descending wedge on lower timeframes sees volatility....
Bitcoin has faced intense selling pressure and uncertainty, with its price aggressively declining over the past few weeks. The ongoing trade war tensions and macroeconomic instability continue to weigh on financial markets, pushing both crypto and U.S. stocks lower. Despite strong fundamentals, including increased adoption and utility, Bitcoin has yet to reclaim key levels, leaving […]