Prospects on where Bitcoin may be Heading: Expert Insights from Alessio Rastani and Gareth Soloway insidebitcoins.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insidebitcoins.com Daily Mail and Mail on Sunday newspapers.
Gareth Soloway, a self-described "Master Trader" with a 140,000-strong YouTube following, doubled down on his previous short position on Bitcoin (CRYPTO:
Data on consumer inflation (CPI) in the US, published on February 13, exceeded expectations. The Producer Price Index (PPI) also indicated a rise in industrial inflation in the country. However, despite this, the American currency failed to gain additional support. The Dollar Index (DXY) began to decline from February 14, while EUR/USD steadily climbed higher.
Continues to exhibit bullish sentiment, maintaining its position above the $50,000 mark as the market anticipates a possible push toward a new record high.…