Strategist links oil selloff to a softer Fed and support for gold and bitcoin
Robbert van Batenburg of The Bear Traps Report says falling oil and gas prices point to a dovish Fed, which he sees as good for bitcoin.
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Robbert van Batenburg of The Bear Traps Report says falling oil and gas prices point to a dovish Fed, which he sees as good for bitcoin.
Mike McGlone said bitcoin's failure to hold $80,000 and copper below $6.40 a pound could signal a broader sell-off lasting to the end of the year.
The block fell 984 transactions short of the network's 2015 record, according to analysts at bitcoin.com.
The Into the Cryptoverse founder expects the decline to continue for weeks and a final bottom possibly in December.
The Blockstream chief executive said the largest inflow of capital into bitcoin is still ahead, without giving a timeframe.
CriptoNoticias says holders who bought higher may sell into a rebound, adding pressure on the recovery, and gives no price level.