Is Today’s Rise in Bitcoin a Dead Cat Bounce?

cryptocurrency 3 months ago

Bitcoin (BTC) is recovering above its $40,000-$42,000 support zone after oversold signals appeared on the charts, but is this temporary? Martha Reyes-Hulme, Head of Research at crypto exchange and digital assets primer broker Bequant, discusses her crypto markets analysis and outlook, examining bitcoin's correlation to the S&P 500 index and USD. Plus, her take on the Evergrande crisis, inflation, and ESG concerns.
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