Bitcoin is “Waiting for the Stock Market to Open” as Analysts Eye Another $2,000+ Move
Following a bout of unprecedented volatility seen earlier this week, Bitcoin has found itself caught in limbo, with its bulls and bears reaching an impasse as the crypto hovers within the lower-$5,000 region.
Analysts are now noting that this period of consolidation seen throughout the weekend is due to investors waiting to see how the U.S. stock market trends when it reopens tomorrow, with BTC likely kicking off its next short-term trend based on whether or not equities are able to extend the m
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