24/7 Wall St. asked Luke Davis for his assessment of Bitcoin's recovery after several months of rising lows. Luke supplied written comments for the outlet's October 9 report.
His contribution focused on the difference between a temporary pullback and a change that would undermine the recovery argument. He also discussed the pressure from higher yields and a stronger dollar, and why confidence in a broad direction is different from confidence in a precise year-end price.
The full article brings together his comments with the wider market context and the reporter's analysis.
