Crypto Bull Market Might Cool Off, Says Ex-Ark Invest Analyst

  • 📰 Utoday_en
  • ⏱ Reading Time:
  • 61 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 63%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

Prominent analyst believes it is too early to call it day for crypto investors

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions.

Burniske's tweet signifies that while the market is at the beginning of a robust phase, it is unrealistic to expect the momentum to remain at this peak. Historically, markets, whether crypto or traditional, have their ups and downs. Periods of rapid growth are often followed by cooling off phases where the market consolidates before deciding its next direction.

However, a second opinion on Burniske's thesis might argue that while BTC and ETH have proven their resilience and market appeal over time, it is premature to place newer entrants like SOL and TIA in the same bracket. These newer platforms, although promising, need to stand the tests of time, market volatility and regulatory challenges.

The crypto market chart further illustrates overall market sentiment. The market cap graph indicates sustained growth, hinting at bullish sentiment. However, the 24-hour volume graph showcases volatility with sharp peaks and troughs. The Bitcoin dominance chart reveals a steady share of BTC on the market, while the CMC Crypto Fear & Greed Index oscillates between"greed" and"neutral," indicating that while traders are optimistic, they remain cautious.

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:

 /  🏆 295. in FR
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

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.

TradFi goes crypto: Finance giant brings decades of experience to new crypto exchangeMultiBank Group’s regulated crypto exchange, MultiBank.io, offers top-tier security and swift trade execution for major cryptocurrencies with free fiat deposits
La source: Cointelegraph - 🏆 562. / 51 Lire la suite »

This year's 'bull market' now looks like a bear rallyIt was fun while it lasted.
La source: axios - 🏆 302. / 63 Lire la suite »

Massive 7000% Jump in This Shiba Inu (SHIB) Metric: Bull Market Incoming?Crypto Blog
La source: Crypto_Potato - 🏆 568. / 51 Lire la suite »

Bitcoin Bull Run in the Making as Market Dynamics Hint at More Upside: BitfinexCrypto Blog
La source: Crypto_Potato - 🏆 568. / 51 Lire la suite »

Leveraging automated trading tools can be a game-changer in the volatile crypto marketCrypto trading has become more challenging than ever since the start of the crypto winter. Automated trading can address most of these challenges and help traders succeed
La source: Cointelegraph - 🏆 562. / 51 Lire la suite »