What's on the menu for Bitcoin price action this week? For many, something smells fishy.
The largest cryptocurrency has just closed a fourth red weekly candle in a row, something that has not happened since June 2020.
It is not all doom and gloom — long-term hodlers and key participants such as miners are showing a more positive stance when it comes to Bitcoin as an investment. The European Union, much like the United States, faces a potent cocktail of inflation and plummeting bond markets, with the European Central Bank nonetheless not yet takingBitcoin was unmoved at the Macron victory, and risk assets are already contending with an Asia downturn on Monday as Coronavirus in China rattles sentiment.
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