Crypto analyst Miles Deutscher posted on social media that there is now a classic sign that the market is currently leaning towards bearish (lights out mode). The market's reaction to news can tell investors all about sentiment. In a bull trend, the market shrugs off bad news, but the good news goes up as soon as it arrives. In a bear trend, the opposite is true, the market shrugs off good news and the bad news goes down as soon as it arrives. It is important to watch for early signs of a trend ...
Crypto analyst Miles Deutscher said bitcoin had recently shown a "buy in Asia, sell in the US" trend. Bitcoin has returned more than 5 per cent during Asian trading sessions over the past two weeks, while the US session has seen negative returns. Next week's key data will be the August non-farm payrolls report released on Friday, September 6. The weak employment report for July may be a factor that prompts the Midland...