Sive Morten
Special Consultant to the FPA
- Messages
- 18,679
Good morning,
Upside BTC bounce started from predefined level but exceeded suggested target. We think that the reason is technical cash redistribution out from mid and small banks by individuals in favor of cryptocurrencies. Right now we do not see improvement in fundamental background and call to be careful with any position taking.
Upside BTC bounce started from predefined level but exceeded suggested target. We think that the reason is technical cash redistribution out from mid and small banks by individuals in favor of cryptocurrencies. Right now we do not see improvement in fundamental background and call to be careful with any position taking.