BTC.TOP CEO Jiang Zhuo'er: There's No Deep Bear Market

France Nouvelles Nouvelles

BTC.TOP CEO Jiang Zhuo'er: There's No Deep Bear Market
France Dernières Nouvelles,France Actualités
  • 📰 Utoday_en
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 63%

Bitcoin $BTC mining veteran JiangZhuoer is sure we are not in 'deep' bear market Bitcoin HODL

soar as they have a mature technology & ecosystem, daily increased users and significant inflow of funds.— Jiang Zhuoer BTC.TOP In 2022, the Bitcoin price upsurge is driven not by speculation, but by the adoption and growing userbase of the first cryptocurrency, Mr. Jiang Zhuo'er adds.

Moreover, according to him, Bitcoin might never see another"deep" bear market. By"deep," an analyst means a situation of prolonged and profound correction."Never use crypto-based leverage" However, Mr. Jiang Zhuo'er warns that Bitcoin is not protected from 70-80% corrections. But they will be short-term: traders will buy the dip and catalyze the price rapidly.

As such, traders should not rely on crypto-based leverage in their straregies, Mr. Jiang Zhuo'er admits.Since there's no deep bear market, the market might act like a V form, which means there’s short time for investors to buy at the bottom. Or it turns into a mini bear market, in which investors will face a Fomo situation or get less coins in the end.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

Utoday_en /  🏆 295. in US

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Top 5 cryptocurrencies to watch this week: BTC, XRP, CRO, FTT, THETATop 5 cryptocurrencies to watch this week: BTC, XRP, CRO, FTT, THETABTC’s price action is looking grim, but traders hope that a bounce off the $42,000 support will complete a bullish technical analysis pattern and trigger a rally in Bitcoin and altcoins.
Lire la suite »

Top-Ranked Ohio State Men's Tennis Team Sweeps Four Consecutive Top-10 OpponentsTop-Ranked Ohio State Men's Tennis Team Sweeps Four Consecutive Top-10 OpponentsThe top-ranked Ohio State men's tennis team continues its dominance, sweeping its fourth-straight top-10 opponent.
Lire la suite »

BTC/USD Forex Signal: Bitcoin Stabilizes, Downward PressureBTC/USD Forex Signal: Bitcoin Stabilizes, Downward PressureThe $BTCUSD stabilized during the weekend as concerns about a Russian invasion of Ukraine eased.
Lire la suite »

‘Up only’ for BTC fundamentals — 5 things to watch in Bitcoin this week‘Up only’ for BTC fundamentals — 5 things to watch in Bitcoin this weekCould bullish network statistics take Bitcoin to the moon? Record hash rate and difficulty provide a positive overture to some uninspiring price moves, with BTC now offering network security never seen before in its history.
Lire la suite »

BTC, ETH, XRP, ADA and SOL Price Analysis for February 13BTC, ETH, XRP, ADA and SOL Price Analysis for February 13Which coins can remain powerful against the slight market drop? CardanoStiftung ADAcoin_ Cardano cardano Cardano_ emurgo_io crypto Ethereum ETH $ETH cryptoexchange VitalikButerin ethereum
Lire la suite »

Himalaya yogi ran India's top bourse as puppet master, regulator saysHimalaya yogi ran India's top bourse as puppet master, regulator saysThe former head of India's largest stock exchange shared confidential information with a yogi and sought his advice on crucial decisions, a probe by the market regulator has found, ahead of the bourse's much-awaited public listing.
Lire la suite »



Render Time: 2025-03-16 23:10:36