Bitcoin at $31,000 is already busy making all-time highs in some places.
A slightly less confident Michaël van de Poppe, founder and CEO of trading firm Eight, called into question bulls’ ability to keep upside momentum going.“I'm unsure whether we'll continue running from here, but during uptrends you'll most likely see price continuing to run rather than have deep corrections. If we have a correction, $28,500 I buy.”BTC/USD annotated chart. Source: Michaël van de Poppe/TwitterDespite the cool-off in volatility against the U.S.
For those countries, that trend has continued throughout 2023 as inflation and macroeconomic policy choices quickly erode purchasing power. In Turkey, where the lira plunged to new lows against the dollar, BTC/TRY neared the area of its blow-off top from December 2021.This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
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