Tag Archives: Catalysts

What Do You Call a Market That Fails to Rally on Positive Catalysts?

What Do You Call a Market That Fails to Rally on Positive Catalysts?

This is a daily analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole. Bitcoin: Powell brings bearish lower high Bitcoin BTC$111,320.28 has retraced to levels last seen before Federal Reserve Chair Jerome Powell’s dovish remarks on Friday, which set expectations for a potential rate cut in September. At the time of writing, BTC is trading just above $112,000, having …

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