Today news
About the same in other media
Analyst calls this a ‘very natural corrective move’ for Bitcoin, before 2022
Reading now: 691
The ongoing cryptocurrency market correction has reentered the zone of “extreme fear.” BTC was at its lowest since 7 September, when it crashed by over $10K in 24 hours. In fact, 26 November was particularly tumultuous for the entire market, with the bears clearly having the upper hand.
That said, despite the bearish momentum, the long-term narrative still looked bullish for Bitcoin. However, the question remains- is there a reason to worry about Bitcoin in the near term when the long-term predictions look healthy?
Popular crypto strategist and trader Michaël van de Poppe explained his perspective in a YouTube video, to address this scenario. He said the largest crypto token is going through a combination of concerns about more lockdowns as
Read more on ambcrypto.comAbout this in other media
Expert calls El Salvador’s Bitcoin volcano bonds, ‘Michael Saylor playbook for a country’ ambcrypto.com /2 years ago
Bitcoin too volatile to be adopted as legal tender, says BoE chief cointelegraph.com /2 years ago
Bitcoin tumbles nearly 8% as new coronavirus variant shakes markets business-standard.com /2 years ago
Show more
The website gocryptonft.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
