Bitcoin and the Crypto Market Has Bottomed Out: Binance Research50.4

Binance has released a report showing that there is evidence to suggest that the massive market correction of 2018 means Bitcoin and altcoin prices have bottomed out. The research also highlighted the highly correlated nature of the virtual currency market due to the “herd mentality” that emerges during the late bull/early bear phases.

According to the details of the research published on Thursday (April 11, 2019), the steady recovery of cryptocurrency prices from their 2018 lows points to the belief that the market has bottomed out.

Original source

Add comment

Please Sign in to be able to leave comments.