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Central banks to rescue Bitcoin?
Bitcoin has been tracing a kind
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Bitcoin has been tracing a kind of upward move that is merely a correction for two months. This is clearly visible on the daily timeframe. The liquidity pool below remains untouched, and the price is likely to revisit it with roughly a 90% probability. We believe market maker manipulations are possible in the near term to convince traders that a new uptrend has begun. Meanwhile, BitMEX CEO Arthur Hayes said that Bitcoin's price depends not on central bank policy per se
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Paolo Greco,
Analytical expert of InstaForex
© 2007-2026
Summary
Urgency
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Stanislav Polyanskiy
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