BTC to GBP Outlook: Modest Gains For the Week, But Headwinds Remain
The BTC to GBP rate is on course to end the week on a higher note, after selling pressure on the number 1 cryptocurrency eased. However, the bullish momentum remains weak, and the 3.58% weekly gain currently on the books is still a far cry from last week’s relentless selloff that ditched the BTC/GBP pair by 15.06%. The latest selloff was triggered by Russia’s Central Bank proposals to ban all forms of cryptocurrency usage, trading, and mining within the country. […]
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