Seven major central banks, including the Federal Reserve, will issue rate decisions next week just as war-driven oil price spikes raise fresh concerns about global inflation.
Next week could spice things up for bitcoin as seven central banks face an inflation test
Seven major central banks, including the Federal Reserve, will issue rate decisions next week just as war-driven oil price spikes raise fresh concerns about global inflation.
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Jonathan Man outlines a $20 billion liquidation day, long-tail air pockets and a positioning reset that left markets on different footing by Saturday.
RSI and OBV readings on lower timeframes suggest short-term exhaustion, but macro sentiment remains net bullish.
Both ether and bitcoin products saw net inflows despite a drop in underlying asset prices, the report said.
The token broke through the psychological $5 resistance level on significant trading volume.