Bitcoin Price Watch; Will We See A Debate Hangover?
So it’s Tuesday morning, and after yesterday’s first presidential debate in the US, there’s every chance we will see some level of increased volatility in the bitcoin price as we head into the European open this morning. When the US kicks off for the day, we’ll probably see this volatility amplify.
Exactly how things will play out remain uncertain – the implications of political uncertainty on an asset like bitcoin are just that – uncertain – but our best bet is risk rooted. Uncertainty pretty much only ever leads to a reduced risk tolerance, and risk off sentiment translates to a shift from the risk on asset classes to the risk off asset classes...
http://www.newsbtc.com/2016/09/27/bitcoin-price-watch-will-see-debate-hangover/
Topic: [2016-09-27]Bitcoin Price Watch; Will We See A Debate Hangover? (Read 473 times)
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