Bitcoin Struggles as Dollar Rebounds

Reading Time: 2 minutes Bitcoin is still struggling in the wake of a rejection of $41,000 Several narratives, including the negativity around the ‘death cross’, are not helping the price A surge in the dollar last week could also help precipitate a further decline Following last week’s rejection from $41,000, Bitcoin has started the week in a position of weakness, staring once more down the barrel of $30,000. This inability to break out of a month-long range has coincided with the much discussed ‘death cross’ and a bullish U.S dollar, which could further hamper any immediate recovery plans. Bitcoin Still Recovering From $41,000 Rejection
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