Tag: Economic analysis
Bitcoin Price Analysis: BTC Approaching Bullish Golden Cross Amid Moody’s U.S. Debt Downgrade
Bitcoin is edging closer to a golden cross, a bullish pattern that could signal a significant price increase. This development comes as concerns over the sustainability of the U.S. fiscal debt continue to grow....
US GDP Growth Exceeds Expectations at 2.8% Despite Bitcoin Price Drop
The recent economic data in the US has surprised experts with a growth rate of 2.8% for the second quarter, exceeding expectations. This positive news has potentially boosted investor sentiment towards assets like Bitcoin,...