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Bitcoin ‘increasingly unlikely’ to see prolonged correction: 21Shares

Bitcoin is setting new all-time highs during the “most illiquid, seasonally weak part of the year” and its unlikely to see a downtrend, 21Shares crypto research strategist Matt Mena told Cointelegraph.

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21shares: Two Macroeconomic Factors Could Cause Bitcoin to Fall

21Shares crypto research expert Matt Mena said the first cryptocurrency could be headed for a decline due to the influence of two macroeconomic factors that could impact the entire industry.

10 days ago

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CoinStats - Bitcoin ‘increasingly unlikely’ to see prolo...

Bitcoin’s “structural imbalance” signals that it probably won’t experience a significant downturn in the near term, says 21Shares crypto research strategist Matt Mena. Bitcoin isn’t likely to enter a downtrend anytime soon, with strong fundamentals supporting its current trajectory, says a researcher at crypto product provider 21Shares.“The structural imbalance between surging demand and a rapidly vanishing supply base makes a prolonged correcti…

10 days ago

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Bitcoin ‘increasingly unlikely’ to see prolonged correction: 21Shares

Bitcoin’s “structural imbalance” signals that it probably won’t experience a significant downturn in the near term, says 21Shares crypto research strategist Matt Mena.

10 days ago

Read Full Article

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