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Oil Prices Climb, Bitcoin Stumbles: CryptoQuant Flags Bearish Pattern

Oil barrels next to a rising chart line juxtaposed with a cracked Bitcoin coin under a falling red arrow.

The post Oil Prices Climb, Bitcoin Stumbles: CryptoQuant Flags Bearish Pattern appeared first on Coinpedia Fintech News

Brent crude oil has jumped more than 10% in the past two days, while Bitcoin has fallen nearly 6%. This happened just when the U.S-Iran shoot missile on each other, raising tensions at the Strait of Hormuz. Now, CryptoQuant warns that if oil prices keep rising, Bitcoin could face more downside pressure. CryptoQuant Explains the …

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