The oil scare is fading, but Bitcoin is still trapped by the gas-price hangover

Bitcoin is trading near $64,000, roughly mid-channel in the $57,000-$77,000 range that has defined the market since the Strait of Hormuz shock. Can-Luca Köymen, investment strategist at Sygnum, called the current setup a catalyst-light regime in a note: “Absent a… Bitcoin is trading near $64,000, roughly mid-channel in the $57,000-$77,000 range that has defined the market since the Strait of Hormuz shock. Can-Luca Köymen, investment strategist at Sygnum, called the current setup a catalyst-light regime in a note: “Absent a decisive catalyst the path of least resistance is range-trading driven by positioning and flows rather […] The post The oil scare is fading, but Bitcoin is still trapped by the gas-price hangover appeared first on CryptoSlate.