Cryptoknowmics
2023-12-11 09:12:42

Bitcoin’s Latest Surge: Correction or Consolidation?

Will Clemente, co-founder of Reflexivity Research, predicts an imminent correction in Bitcoin’s price, anticipating a sharp downturn to shake off “greedy” leveraged positions. Analyzing data from Glassnode, a blockchain data platform, Clemente highlights the historical trend of corrections in Bitcoin’s life cycle. In the 2015-2018 cycle, a 36% correction occurred during the bull run, and … Continue reading "Bitcoin’s Latest Surge: Correction or Consolidation?" The post Bitcoin’s Latest Surge: Correction or Consolidation? appeared first on Cryptoknowmics-Crypto News and Media Platform .

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.