While it’s easy to get caught up in the parabolic bitcoin rally, there are four bearish factors that could impact prices over the next few months.
Bitcoin has seen a meteoric rise in 2021, doubling from last year’s final price of $ 29,112 to the current all-time high of $ 58,332. One of the main catalysts for this surge has been a noticeable surge in interest and institutional investment, including Tesla announcing that it had bought more than $ 1.5 billion worth of bitcoin under a new policy. investment. The recent emergence of two bitcoin exchange-traded funds (ETFs) has also given a major boost to general sentiment, as more investors will be able to gain exposure to the crypto leader …
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- Headline: Be on the lookout for these 4 Bitcoin Bear signals
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