When Will Bitcoin Recover? Top Analyst Says This
Submitted by Anonymous (not verified) on Sat, 06/22/2024 - 07:30An analyst explained that Bitcoin has historically seen recovery from bearish phases like the one the cryptocurrency is going through.
An analyst explained that Bitcoin has historically seen recovery from bearish phases like the one the cryptocurrency is going through.
On-chain data shows the early Bitcoin miners have participated in a large amount of profit-taking inside the recent price range of the asset.
As bitcoin's volatility is nearing historically low levels, the crypto market is in need of news or catalysts to bring traders to action, one marke

Mining stocks outperformed bitcoin in the first half of the month as investors reacted positively to news of Core Scientific’s AI deal with CoreWea
The two industries could add a collective $20 trillion to global GDP by 2030, the report said.
The stocks are undervalued, so miners with attractive power contracts could become M&A targets, according to Wall Street analysts.
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