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The Daily Hodl 2022-07-06 20:00:10

Bitcoin Flashing Multiple Bottom Signals After Massive Systemic Shock, According to ARK Invest Analyst

Bitcoin (BTC) is flashing multiple bottom symbols, according to Yassine Elmandjra, an analyst at ARK Investment Management. Elmandjra notes BTC is trading below its 200-week moving average (MA) short and long-term cost bases. It’s only the fourth time that’s happened in Bitcoin’s price history, according to the analyst. Elmandjra also says BTC miners are dealing […]The post Bitcoin Flashing Multiple Bottom Signals After Massive Systemic Shock, According to ARK Invest Analyst appeared first on The Daily Hodl.

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