Analyst Says Bitcoin Selloff Is Complete
#StandardChartered 's Geoffrey Kendrick thinks Bitcoin's 30% drop is finally over. Bitcoin crashed below $90,000 Tuesday, but Kendrick says the selloff fits a pattern - this is the third major correction since spot ETF approval.ย
Key market indicators suggest sellers are exhausted, with
#MicroStrategy 's modified NAV dropping to zero. Bitcoin bounced to under $93,000 on Tuesday, up 3.8% from overnight lows.ย
What's really driving Bitcoin's sudden
#bounce back?
"Disclaimer _ Source: Binance News / Bitdegree / Coindesk /
#CoinMarketCap / Cointelegraph / Decrypt & do support by follow, like, comment, share, repost to reach maximum audience, more such informative content ahead"
$BTC