Wall Street strategists: markets climbing a 'wall of worry' is a sign of strength, BTC holds $81,000
- —Bitcoin holds the $81,000 level amid a negative macro backdrop
- —Oil rose about 30% over the month, adding pressure on risk assets
- —Strategists interpret markets rising against bad news as a sign of resilience
Why it matters: If the market rises despite negative news, it may indicate sustained demand and reduced risk of a sharp reversal downward.
Source: Coinotag