Tuesday, 1 June 2021

Bitcoin Price Outlook: BTC/USD Rebound or ‘Dead Cat’ Bounce?

Bitcoin price action has coiled into a tightly wound spring as bulls and bears battle over where the cryptocurrency heads next. Will BTC/USD recover further or is the rebound just a 'dead cat' bounce?

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...