Analysts say Bitcoins bounce at $36K means ‘its time to start thinking about a bottom’
had a turbulent week, its price dropping as low as $33,300 and surging as high as $38,000 before retracting back to the $36,000 region at the time of writing.
Many analysts have attributed the uninspiring performance of BTC, along with other assets such as stocks, to macro factors such as expectations that the United States Federal Reserve will embark on several interest rate hikes throughout 2022 to tame inflation.
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