Analysts Kaiko They said that the uncertainty against the backdrop of the US Trading War of US President Donald Trump led to an increase in the volatility in the market.
“The increased macroeconomic instability and response of China threaten to disrupt the possible rally of cryptocurrencies and bulls can fall into a trap. Among the traders, the increase in demand for protection against falling intensified, ”experts said.
In their opinion, investors should be careful for all the next few months. Positive prospects for cryptorrhniks will open only by the end of the year, when the situation in the global economy stabilizes, Kaiko believes.
Earlier, Cryptoquant experts suggested that in the near future, bitcoin could “hang” at $ 80,000 – if the price level of $ 84,000 does not break through.
Source: Bits

I am an experienced journalist, writer, and editor with a passion for finance and business news. I have been working in the journalism field for over 6 years, covering a variety of topics from finance to technology. As an author at World Stock Market, I specialize in finance business-related topics.