Crypto winter not over yet.
Wintermute Suggests a Scary Crypto Market Scenario: How True Is It?
Wintermute's dire crypto market prediction holds up against on-chain data, suggesting capital has not returned and no bottom is confirmed. This matters to traders and holders as it indicates a potential further downturn. Bitcoin's 14% weekly drop to $62,000 supports this scenario. Traders should watch for signs of capital return to confirm a bottom.
#Crypto #Bitcoin #MarketTrends #Blockchain
Wintermute Suggests a Scary Crypto Market Scenario: How True Is It?
Wintermute's dire crypto market prediction holds up against on-chain data, suggesting capital has not returned and no bottom is confirmed. This matters to traders and holders as it indicates a potential further downturn. Bitcoin's 14% weekly drop to $62,000 supports this scenario. Traders should watch for signs of capital return to confirm a bottom.
#Crypto #Bitcoin #MarketTrends #Blockchain