Despite Short-Term Weakness, Bitcoin Macro Trend Still Positive

Since peaking in late August, the price of Bitcoin has undergone a strong decline that has brought the cryptocurrency as low as $9,800. At its worst, BTC was trading more than 21% below its local year-to-date high. Despite this short-term weakness, analysts remain convinced that the long-term trend of the cryptocurrency remains intact. One Bitcoin […]

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Author: toutiao