The crypto market has suffered a “bloodbath,” mainly due to rising expectations of repeated Fed rate hikes, continued net outflows from ETFs, and sell-offs in tech stocks|$BTC Latest: 63688.06, down 6.68% intraday
This is somewhat negative, but the pattern of prices falling after bad news and then rebounding is nothing new. News can change the pace, but rarely the trend. The trend still comes down to the candlestick chart.
This is somewhat negative, but the pattern of prices falling after bad news and then rebounding is nothing new. News can change the pace, but rarely the trend. The trend still comes down to the candlestick chart.
