- Joined
- Mar 27, 2018
- Messages
- 10,692
- Reaction score
- 3,077
- Points
- 1,010
BTC closed the month at a record $102K, but analysts warn of a possible "bear trap" at $95K.
The drop below occurred against the background of new import duties from Trump and concerns about inflation.
$95K is a key support zone, but further dynamics depend on labor market data (February 7) and Fed policy.
A weak labor market may lead to lower Fed rates, creating favorable conditions for BTC.
The drop below occurred against the background of new import duties from Trump and concerns about inflation.
$95K is a key support zone, but further dynamics depend on labor market data (February 7) and Fed policy.
A weak labor market may lead to lower Fed rates, creating favorable conditions for BTC.