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FxPro analyst: Bitcoin weakness may issue a warning to traditional risk assets.

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Odaily Planet Daily News: Alex Kuptsikevich, Senior Market Analyst at FxPro, said that the weakness of Bitcoin may be a warning to traditional risk assets. He said, "The weakness of cryptocurrency may be a manifestation of very limited risk appetite, and other markets may soon follow suit. Bitcoin has fallen for the 9th consecutive day in the past 11 days as it attempts to consolidate above the 200 day moving average, triggering a strong sell-off. This pattern continued until Thursday morning as the price continued to test the lows of the past four months, and Bitcoin may not be able to gain sustained strength from the recent weakness of the US dollar index." (Coindesk)

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