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24 November 2020

Bitcoin’s Blistering Run Cools but Investors Continue to Pour In - Decrypt

Bitcoin’s Blistering Run Cools but Investors Continue to Pour In - Decrypt


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But market watchers have been quick to highlight that this is all part of the Bitcoin experience. .

Peter Brandt took to Twitter to point out that during the last bull market from 2015-2017, there were no fewer than nine market corrections in the run-up to the mythical $20,000 all-time high. .

He/she/they argued that the topsy turvy volatility of old is unlikely to trip up investors this time, due to a change in who is buying BTC. 

These two indicators suggest that investors don’t feel the correction is a signal that Bitcoin is overvalued, and that there’s another push higher still to come in 2020. 

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