Bitcoin’s Big Break
By:
Bitcoin might continue upward in the near future amid seemingly strong demand and activity.
Fundamental Analysis
A short-term decline in yields from bonds while risk appetite has been somewhat lower might continue to support the price.
This week traders are monitoring American GDP data most closely, which are likely to be at least somewhat positive, plus personal consumption expenditures at the end of the week.
Bitcoin Price Analysis by Antrea Themistokleous & Michael Stark
Watch our market outlook for more:
About the Author
Michael Starkcontributor
Michael is a financial content manager at Exness. He's been investing for around the last 15 years and trading CFDs for about the last nine. He favors consideration of both fundamental analysis and TA where possible.
Advertisement