BTC spot price action looks gloomy on Monday, but as traders, analysts and more note, there are practically no reasons to be bearish on Bitcoin.
Bitcoin (BTC) starts a new week in a precarious place — below $45,000 and below some key moving averages. What’s next?Almost a week after a cascade of leveraged position unwinding forced the market to $42,800, Bitcoin has erased most of its subsequent recovery.The weekend produced little by way of a paradigm shift, and now, downside volatility is firmly in place. With BTC/USD down 13% in a week, Cointelegraph takes a look at five things that may help traders to anticipate what the next move could be.Stocks due for reboundStocks are expected to perform better this week after selling pressure added to Bitcoin’s woes in the first half of September.With a red week behind them, expectations are that equities will now rally, continuing a trend which had characterized markets since the
Alameda Secret Korea Account Exposed Masking Liabilities
According to Bloomberg, a secret account hid code detailing Alameda’s massive liabilities. The GitHub account was in the…
