Be on the lookout for these 4 Bitcoin Bear signals

Be on the lookout for these 4 Bitcoin Bear signals

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 …

Read Additional From Source

Copyright @ www.coindesk.com

News Highlights

  • Headline: Be on the lookout for these 4 Bitcoin Bear signals
  • Check all news and articles from the Cryptocurrencies news information updates.
Disclaimer: If you need to update/edit/remove this news or article then please contact our support team.
For Latest Updates Follow us on Google News
Bollyinside - US Local News & Breaking News Stories
Logo
Compare items
  • Total (0)
Compare
0