Bitcoin Dip Questions Market Direction
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crypto marketsBenzinga
•Bitcoin’s recent downturn has investors wondering if this is a minor correction or a sign of a more significant market shift
67% Informative
Bitcoin 's dip from its all-time high of $ 108,135 on Dec. 17 to its current price around $93,100 has prompted questions about the market’s direction, the impact of government actions and what the future holds under the incoming Trump administration.
Benzinga spoke to several experts to take the temperature on Bitcoin 's near-term future.
The market has already priced in Trump ’s pro-crypto policies, says Beltran .
Plotnikova expects a period of "de-risking" from markets as investors "wait and see" what Trump will deliver.
Bratcher and Howell say there is a 99% chance that this is not the high for the cycle.
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