Long Liquidations Spike Bitcoin Suffers “Sell the Fact” Reaction to Dovish Fed, But BTC Dip-Buyers Will Probably Pounce

Bitcoin and US Dollar.Source: Adobe most market participants Latest Fed Policy Announcements Unexpectedly dovish, as the USD and US yields fell, the Bitcoin market reacted by “selling the facts”, BTC price dropped sharply and protracted liquidations surged. According to CoinGecko, BTC/USD last traded in the mid-$27,000s before briefly dropping to the $26,600s, down about 2.2% […]

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The post Long Liquidations Spike Bitcoin Suffers “Sell the Fact” Reaction to Dovish Fed, But BTC Dip-Buyers Will Probably Pounce appeared first on BitcoinZ Pro Info.



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