Is the bottom in? Data shows Bitcoin derivatives entering the
© Reuters.
Analysts love to issue price predictions and it seems that nine out of 10 times they are wrong. For example, how many times did analysts say “we will never see back at X price again,” only to see it plunge well below that level a few months later?
It doesn’t matter how experienced a person is or how connected in the industry. Bitcoin’s (BTC) 55% volatility must be taken seriously and the impact this has on altcoins is usually stronger during capitulation-like movements.
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