Podcast Episode Details
Back to Podcast Episodes
E330-NEWS Analysis-Bitcoin Correction: Flush, Not Failure.
Season 1 Episode 330
This is an AI generated Episode that will discuss a video, podcast or read an article. The source provides analysis regarding a recent Bitcoin price drop from $115,000 to $104,000, characterizing it as a "healthy reset" or "flush" of market leverage, rather than a cycle failure. Blockchain analytics firm Glassnode suggests this correction caused investors to prioritize capital preservation and notes an increase in short-term speculative capital. Furthermore, the piece discusses how long-term Bitcoin holders are currently selling their supply, which is being absorbed by institutional investors through mechanisms like ETFs, limiting the asset's upward momentum until that selling ceases. Finally, industry figures like Samson Mow warn that this price volatility makes it a difficult time for investors with weak conviction to hold Bitcoin. .Want to read the article your self? Check the original source: https://cointelegraph.com/news/bitcoin-crash-104k-flush-not-crypto-cycle-failure
Published on 1 week, 4 days ago