Bitcoin May Face One Final Sell-off Before Recovery, Says NYDIG

The scenario of a bitcoin freed from its cycles thanks to the arrival of institutional investors is wavering. While the market was settling into almost unanimous confidence, NYDIG cools the ardor with an analysis that recalls an old rule: every phase of euphoria eventually calls for a correction. According to the investment company, quantitative models now reveal a marked decline in the price of the flagship crypto, reigniting the debate on the strength of the current bull cycle.

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