Here's what popular traders think when it comes to short-term BTC price action.
) is trending down after hitting one-month highs around the latest macroeconomic data and policy update from the United States., leading traders to eye where the next reversal may occur.
Cointelegraph takes a look at what some popular commentators are looking next for when it comes to short-term BTC price action.the macro market reaction to the Federal Reserve “relatively boring” this week, Michaël van de Poppe, CEO and founder of trading firm Eight, says support levels are already close for BTC/USD.
After the gains, a higher low could be on the cards next. To the upside, bulls holding support may yet deliver a Santa rally which includes a trip past the $20,000 mark.Twitter followers.BTC/USD last traded above $20,000 just before the FTX debacle sent the entire crypto market tumbling 25% or more.Bitcoin is reaching for liquidity up and down, popular trader and analytics account Daan Crypto Trades says.
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