Bernstein argues bitcoin's 'flattish' price action is great fo | Crypto News Source
Bernstein argues bitcoin's 'flattish' price action is great for public miners
Analysts at research and brokerage firm Bernstein aren’t worried about the “flattish” price action of bitcoin, arguing that it can be great for miners — when economics are driven by competitive hash-rate wars. “Bitcoin price action has been flattish, but we don't fear any major drawdown here,” Gautam Chhugani and Mahika Sapra wrote in a note to clients on Monday.
