Bitcoin price recovers $31.5K, but traders say ‘scam’ price action will bring more downside

by Aurelia Butler 8 June 2022, 01:00 179 Views

Surprisingly, on June 7, the price rapidly reversed course as Bitcoin rallied back to $31,500, but given the current rejection at this level, traders are likely to proceed cautiously, rather than expect a quick surge to $35,000.

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Source: Cryptocurrency - investing.com

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Bitcoin price recovers $31.5K, but traders say ‘scam’ price action will bring more downside

Even if oil hits $150 a barrel, J.P. Morgan's Marko Kolanovic predicts stocks will reclaim 2022 highs

Japan's current account surplus shrinks on record imports

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