Market Analysis: Bitcoin Investors, Attention!


The sell-off in US Treasuries appears to have increased significantly as prices are lower than their 200-day simple moving averages and yields are at their highest levels. Bond prices and yields are moving in opposite directions.
The most recent oversold reading occurred in early 2021, with bitcoin (BTC) rising above $60,000 immediately afterwards. At the end of May 2021, it decreased to 30 thousand dollars. In other words, financial markets, including bitcoin, could experience major price turbulence.
#ContentStar# #BountyCreator# #GateioBountyCreator# #NewsMessenger# #GateLive# #contentstar# #MyFancyCreator# #HotTopicDiscussion# #EasterEggHunt# #NewYearCelebration# #ContentMining# #İçerikYıldızı# #CryptoObservers#
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)