Bitcoin’s 90-Day Range Tests Traders as Macro Headwinds Mount: Bitfinex Analysts
Bitcoin has traded between $91,000 and $102,000 for over 90 days as fading institutional demand and macroeconomic pressures stall momentum, according to a Bitfinex Alpha Report released this week. Bitfinex Alpha Report—Crypto Market Contraction Deepens With Inflation, Policy Risks in Focus Bitfinex analysts noted bitcoin’s (BTC) volatility spiked briefly on Feb. 21 amid a $1.5 […]
Bitcoin has traded between $91,000 and $102,000 for over 90 days as fading institutional demand and macroeconomic pressures stall momentum, according to a Bitfinex Alpha Report released this week. Bitfinex Alpha Report—Crypto Market Contraction Deepens With Inflation, Policy Risks in Focus Bitfinex analysts noted bitcoin’s (BTC) volatility spiked briefly on Feb. 21 amid a $1.5 […] What's Your Reaction?
