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Bitcoin Bull Market Intact but Q3 Likely to Be Slower: Bitfinex
The recent price action of the cryptocurrency market has led many investors and analysts alike to wonder if we are indeed entering a new phase in Bitcoin’s (BTC) movement. In a latest report, Bitfinex has come forward with its insights on this matter, shedding some light on what might be expected from the asset going forward.
According to the report, Bitcoin is still very much within a bull market but it’s likely that Q3 will bring about a slowdown in terms of its upward momentum. This assessment is based on various indicators and statistical data compiled by the exchange’s analytics team.
For those unaware, Bitfinex has been quite successful in predicting future price movements with remarkable accuracy. Their insights have consistently proven to be invaluable to investors looking for reliable guidance on the cryptocurrency market.
Source: cryptopotato.com
