Crypto and stock markets corrected as traders grew nervous ahead of August 17’s FOMC minutes, but the real stress point is whether traders will “buy the dip.”
Crypto Kaleo does not think there will be a capitulation to beneath $20K or below for Bitcoin. However, he sees BTC retesting support levels below current prices before making new…
Bitcoin and altcoins met selling at key overhead resistance levels and investors are unsure whether traders will buy the current dip.
Liquidity is strong on alt markets as Bitcoin gives way to Ethereum after a battle which has raged throughout 2022.