The Crypto Basic
2022-09-27 07:36:24

Analyst Says “A Small Price Shock” Could Easily Trigger A Bitcoin Dump, Here’s Why

A CryptoQuant Analyst Believes A Bitcoin Dump Could Be Easily Triggered. Bitcoin is vulnerable to a price dump as velocity declines. In a CryptoQuant Quicktake released on Monday, CryptoQuant analyst MAC.D cautioned that a small price shock could trigger a market dump due to increased inactivity of institutions and whales. “… because the Fund and […]The post Analyst Says “A Small Price Shock” Could Easily Trigger A Bitcoin Dump, Here’s Why first appeared on The Crypto Basic.

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.