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Bitcoin's price stayed below $100K this week amid inflation fears and the broader effects of the Bybit hack, while ETFs showed only red.
https://decrypt.co/307119/this-week-bitcoin-bybit-hack-etfs-bleed-institutions-bullish
✍️ Bitcoin's price remained stagnant this week, with some traders and influencers expressing frustration with the lack of movement. However, some analysts remain bullish on the coin's future.
👉 Bitcoin's price has remained stagnant for the past week
👉 Some traders and influencers are expressing frustration with the lack of movement
👉 Analysts at Bernstein remain bullish on the coin's future
👉 The firm's analysts have made bullish predictions before, forecasting a 2025 price of $200,000 by year end
👉 The hack of crypto exchange Bybit has led to a risk asset selloff and a dip in Bitcoin's price
#BitcoinTina #AMERICANHODL #Leonidas #AndrewHayward #technology