The Bitcoin bear is dead, but Tether drama could spell bad news for traders

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The Bitcoin bear is dead, but Tether drama could spell bad news for traders
By David Canellis


The price of Bitcoin has “bottomed” – or so say the cryptocurrency analysts who predicted the end of the bear market. But now they’re warning the recent Tether drama could turn Bitcoin bearish in the short term. If that’s true, Bitcoin could soon mirror 2015 market cycles that led to a bull market lasting two years, independent research firm Delphi Digital reports. “In our […] report that we released in early December, we made a call that Bitcoin will bottom by the end of Q1 2019,” said Delphi Digital. “We continue to stand by that call, we believe Bitcoin has bottomed.”…

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May 2, 2019 at 07:04PM
via The Next Web http://bit.ly/2VD02D0

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