Bitcoin Crash Is Temporal: Anthony Scaramucci Reiterates Bullish Views
Following yesterday’s market crash, which saw Bitcoin (BTC) plummeting more than $10k in a few minutes, many investors and analysts have lent their opinion on the matter.
Speaking with CNBC earlier today, the founder of SkyBridge Capital, Anthony Scaramucci, asserted that the benchmark cryptocurrency’s extraordinary 2021 bullish performance would resume shortly.
As with most market crashes, Scaramucci noted that overleveraging by traders contributed heavily to the market crash. Reports show that cryptocurrency liquidations surged to over $8 billion over the past two days. Nonetheless, the hedge funder asserted that “long term, bitcoin is bouncing back.”
Also, Scaramucci commented on some of the most recent FUD triggers coming from several directions, citing recent comments by...
However, the...
For the remainder of this analysis and the signal to place this trade, please join our VIP group here: https://cryptosignals.org/
