Digital Assets Weekly: August 25th

Name: FS Insight
Price range: $$$

Aug 25, 2020 • 4 Min Read

Author

David Grider

For a full copy of this report in PDF format please click HERE

Market Analysis

After breaking above $12,000 resistance, Bitcoin quickly fell below that level and is consolidating in the mid-$11,000 range. Bitcoin ended the week down 4% at $11,771.
CME’s 6-month Bitcoin futures contracts expire at the end of the month, which may lead to greater volatility this upcoming week.

Despite the pullback this week, Bitcoin remains firmly in front of all other major asset classes in terms of YTD performance. This week, the Dollar has rebounded slightly, and equities markets have reached ne...

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Digital Assets Weekly: August 25th

Market Analysis

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