Crude oil prices broke through the $83 resistance level which held for 184 trading days to close at $84.25 on 9th August 2023, and since then have declined back towards the $79 support level at the time of writing.
As we had cited in our article dated August 22nd:
“… September’s seasonality may spell more trouble ahead for Bitcoin bulls.”
The world’s largest crypto is already down by about 1% so far in September.
Crude oil prices broke through the $83 resistance level which held for 184 trading days to close at $84.25 on 9th August 2023, and since then have dec...
As we had cited in our article dated August 22nd:
“… September’s seasonality may spell more trouble ahead for Bitcoin bulls.”
The wo...
WTI
Oil
China
SMA
growth
USD
Rates
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