Bitcoin
Bitcoin Price Prediction: BTC Poised to Recover as Whales Buy 60,000 BTC in October
Bitcoin (BTC) has jumped by 1.8% in the past 24 hours and is bouncing cleanly off its 200-day exponential moving average (EMA) as whale accumulation at these levels continues to be strong. The market appears to be ready to shake off the pessimism that came alongside Binance’s massive hack at a point when the macroeconomic backdrop is taking the back seat. Last week’s interest rate decision from the U.S. Federal Reserve was in line with the market’s expectations of no rate hike. Now, with the next meeting still more than a month away, the crypto market could have some breathing...
FXEmpire3 min read
