
Traders Update 1st July
With equities and gold trading together overnight an interesting question is posed to the role of Bitcoin in markets – does it find strength from here or not?
With equities and gold trading together overnight an interesting question is posed to the role of Bitcoin in markets – does it find strength from here or not?
Risk returned to markets overnight with Bitcoin retracing some of its move and US equities coming off a low.
Bitcoin traded sideways over the weekend, looking more bearish than bullish.
Morning Traders, Bitcoin validated our framing of the asset in its break lower, moving to form a longer-term triangle in the asset after failing to
Bitcoin traded lower overnight suggesting it would be slow to break-out and Ethereum also looks precarious.
Bitcoin and Eth traded sideways overnight while Link, Ren and other alts were strong.
Mine DIgital Traders Update for 23rd June. Ethereum is making digital assets look strong early in the week, also moving with gold.
Morning Traders, Bitcoin has spent the weekend going sideways as volatility has been compressed. Bitcoin last traded at $9,293 Bitcoin 24 hr high: $9,421 24 hr low: $9,271
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