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Two Signals Revive The Case For A Bitcoin Bull Cycle

2h atrás•
Cointribune
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In a huge institutional analysis room, a gigantic cyclic mechanical wheel dominates two-thirds of the image. The lower half of the wheel is dark, worn, and surrounded by black clouds, evoking the previous cycle. The part rising toward the right gradually becomes bright orange. An enormous Bitcoin coin sits precisely at the point where the wheel leaves its lower section. It is only just starting to be carried along the ascending slope. In the foreground, an institutional analyst in a suit observes the mechanism with a magnifying glass and points in astonishment at the phase change.

According to Jurrien Timmer, global macroeconomics director at Fidelity, the bitcoin bull cycle could restart for four years. His arguments are based on BTC's resistance above $60,000 and the improvement of its performance against gold.

L’article Two Signals Revive The Case For A Bitcoin Bull Cycle est apparu en premier sur Cointribune.

2h atrás•
Cointribune
Otimista:

0

Pessimista:

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