Bitcoin: Black Swans Are Lurking

Seeking Alpha2022-08-20

SummaryBitcoin's blow-off top at $25k on August 14th signifies the end of a reflexive rally, representing the "return to normal" stage of a bubble.We anticipate Bitcoin is entering "phase 2" of its ...

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Comments

  • jjsh2
    2022-08-22
    jjsh2
    Oh
  • robot1234
    2022-08-22
    robot1234
    Crypto investors focus on mid-September as August rally cools. After improving economic data and low trading volume fueled crypto’s rally through the first half of August, cryptocurrencies tumbled early Friday morning.Now, investors are weighing their options ahead of a crucial series of events slated for mid-September, when inflation data, the Federal Reserve's latest rate hike, and the Ethereum Merge are all set to take place in quick succession.On Friday, bitcoin (BTC-USD) and ethereum (ETH-USD), were down around 8% in the last 24 hours, with bitcoin trading below $21,400 and ether dipping under $1,700.“They call this period the summer doldrums,” Sean Farrell, head of digital assets research with Fundstrat told Yahoo Finance Live on Friday.“Fund managers are taking time off and in this
  • WJ77
    2022-08-22
    WJ77
    😔
  • Seah CL
    2022-08-22
    Seah CL
    K
  • bobotrader
    2022-08-21
    bobotrader
    Nice 
  • Nebhol
    2022-08-21
    Nebhol
    Ok
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