Bitcoin started to decline on Monday morning! Here’s a brief discussion of my views, along with some thoughts on the future market!
In the early trading session, a waterfall sell-off occurred. What major negative news impacted the market?
The reasons for Bitcoin’s decline today:
1. Trump is preparing to impose additional tariffs on 8 European countries, initiating a new trade war
2. US and European stock markets are falling, dragging the crypto market down
3. Spot ETH net outflows, capital fleeing
Two possible scenarios for BTC within the next month:
1) B-wave rebound peak at 98,000, forming t
View Original