Bitcoin Bearish Correction Pauses: Focus Remains on Dollar and Yields
05 Marzo 2021 - 6:53AM
NEWSBTC
Bitcoin prices extended losses on Friday as the US dollar gained
alongside the long-term Treasury yields. Downside pressure on
cryptocurrency remains amid expectations of modest job growth in
the US. The technical support offered by the 20-period moving
average on the four-hour chart maintains Bitcoin’s medium-term
bullish outlook. Bitcoin dropped Friday, suggesting that the
benchmark […]
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