All eyes on DXY as Bitcoin faces a potential revisit of $20,000, says CryptoMichNL.
) could face a retest of $20,000 and the United States will fail in its plans for a “soft landing” on inflation, a new analysis says.update on Feb. 5, Cointelegraph contributor Michaël van de Poppe, founder and CEO of trading firm Eight, warned that the tide is due to turn for risk assets.Amid confusion over how incoming U.S. macroeconomic data
“I think that people should understand that there is no soft landing, that there is likely a continuation of this downward trend on the markets,” he said about the longer-term status quo. Should a comedown begin to show itself, for BTC/USD, a potential retest target lies between $20,000 and $21,000.
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