Bitcoin’s Impending ‘Death Cross’ May Trap Bears as Bank of Japan Eases...

Bitcoin’s Impending ‘Death Cross’ May Trap Bears as Bank of Japan Eases Rate Concerns

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Source: Coindesk.com

BOJ's Uchida downplayed rate hike concerns amid market volatility. The anti-risk yen slides while BTC and stock futures rise after Uchida's comments. The renewed risk-on hints at a possible bitcoin death cross bear trap.

It appears bitcoin's (BTC) impending death cross, a bearish technical pattern, will again live up

Read More https://www.coindesk.com/markets/2024/08/07/bitcoins-impending-death-cross-may-trap-bears-as-bank-of-japan-eases-rate-concerns/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The post "Bitcoin's Impending 'Death Cross' May Trap Bears as Bank of Japan Eases Rate Concerns" appeared first here Coindesk.com.

Source: Coindesk.com

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