Bullish or Bearish? Markets on the edge as Q4 looms
Andy Pickering is here with a weekly crypto market update where we look through the volatile world of Crypto Twitter to tease out the most important narratives and data points.
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This week Bitcoin continues to fall, and remains in danger of breaking the key US$40,000 price level. The latest bearishness was triggered by China’s latest ban on crypto, and uncertainty across all markets. PlanB, creator of the Stock to Flow model remains bullish for Q4, while technical analyst Davethewave sees the current correction continuing until December.
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