Sharp drops in crypto prices strengthen the possibility of bear season

Sharp drops in crypto prices strengthen the possibility of bear season

A market analyst, who did not want to be named, evaluated the recent declines in the crypto environment as follows: “We live in days of increased volatility in the crypto world. Particularly, the rapid declines in Bitcoin in recent days have also strengthened the emphasis on the ‘bear season’.

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Short term price analysis for BTC, ETH and BNB

Short term price analysis for BTC, ETH and BNB

After Bitcoin (BTC) and Ethereum (ETH) prices hit all-time highs, there was an aggressive profit-taking process. This shows that traders buying on Bitcoin exchange-traded fund rumors are selling after the successful launch of the ProShares Bitcoin Strategy exchange-traded fund (ETF) (BITO).

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