HomeMarketsInternational MarketsBitcoin Falling Below Support; U.S. Dollar Best-In-Class

Bitcoin Falling Below Support; U.S. Dollar Best-In-Class

“I wanted to see $65K become support” for Bitcoin, says Scott Bauer, and since the futures have broken below that level, he’s cautious on the product. He thinks the U.S. dollar’s decline is oversold and considers it the best-in-class for currencies. He also expects gold and silver to continue climbing for the next 3-6 months as traders continue to buy the dip. Scott discusses crude oil prices with the major caveat of geopolitical risks.

Market On Close

30 Sep 2024

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