2023-02-27 16:58:17
When does the #Bitcoin market pump and dump? Some experts have told #Bloomberg that Bitcoin may already have bottomed. In these bearish conditions, traders believe Bitcoin’s fall has been relatively mild. During previous recessions, #Cryptocurrencies fell much harder than tech stocks. This time, according to analysts, Bitcoin is showing some resilience, which is “a promising sign.”
All negative news and the possibility of war caused great fear to investors in the financial markets, including the digital currency market.
Many #Crypto traders were terrified of the recent downturn, but according to data from On-Chain Glassnode, more than 60% of Bitcoins have remained intact in the current recession.
if you're interested to find out more about how will #BTC act, you can read the full text on this article:
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