Two Key Reasons Bitcoin Enters Bear Markets: Wall Street Veteran – U.Today
According to Wall Street veteran and mathematician Fred Krueger, Bitcoin bear markets happen for exactly two reasons: first, when global liquidity turns negative, in the case of Fed tightening; second, forced selling from a Bitcoin-specific shock (in the instances of Mt. Gox, miners or fraud). Krueger backs up his assertion with figures, adding that everything...
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