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Bernstein analysts have reaffirmed a long-term bullish stance on Bitcoin despite the recent market dip. The current bear market for Bitcoin doesn’t have the same structural damage that occurred during past cycles, the firm said. Analysts characterized the decline as driven more by confidence than by a breakdown in fundamentals. They said the broader trend of […]
Bernstein analysts have reaffirmed a long-term bullish stance on Bitcoin despite the recent market dip. The current bear market for Bitcoin doesn’t have the same structural damage that occurred during past cycles, the firm said. Analysts characterized the decline as driven more by confidence than by a breakdown in fundamentals. They said the broader trend of
The post Bernstein Downplays Bitcoin Bear Market Jitters, Predicts Rally To $150k This Year appeared first on CoinGape.
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